With a defined-benefit pension fund, the assets are structured to match the expected cash outflows required to meet the liabilities，这不就是用cash flow matching做了hedge吗，怎么还会收到interest rate的影响呢？

老师直播这个点。浮动对应短端r，如果利率upward支短期r就支浮动，就是这样判断？还是说在某种特定的题的前提下是这样。

这里的专户类似私募基金或公募专户吗？有什么区别叫专户？如果也是多个人一起？这里意思也不是单个客户啊，是很多客户？很多客户怎么还收费不同？

这题不是一个short futures position吗，既然是short futures，那就是short duration, 那不就是预期interest rate会涨吗

swap不是也会有counterparty risk吗？还有Credit Support Annex是什么？

老师，国内利率stable，所以要增加D所以收固定对吧，利率向上在这儿有啥含义么

stratified sampling approach 不是 equity approach吗？和enhanced indexing有什么区别？ synthetic strategy using a total return swap成本会低吗

什么是bond tender offer? 这个成本低吗

Which of the following errors would most likely be a result of overfitting a machine learning model? A. Inability to recognize relationships within the training data B. A predictive model that treats true parameters as if they are noise C. The discovery of unsubstantiated patterns that lead to prediction errors为什么A不对c对

An analyst creating a dataset composed largely of product reviews would most likely classify the data sources as generated by: A. sensors. B. individuals. C. business processes.这是什么知识点