请问2.1%是年化的，为什么没有把它除以根号252呢？谢谢

请问A选项怎么理解的？怎么理解liquidity increases wehn overnight loans increase relative to vernight borrowing?谢谢

请老师再详细讲解下long currency forward contract=long foreign+short US T-bill+long foreign T-bill。谢谢了

请问这个empirical distributions exhibit fat tails指的是normal distribution吗

老师，这样表述：NII是利差的$形式，NIM是利差的%形式，对吗？

老师好，OPR的组织结构中，"Design2-Matrix reporting-the dotted lines"中BUSINESS RISK MANAGER 被业务部门任命，且向业务部门汇报？那跟Central Risk 的虚线是什么意思，在这个部门任职吗？

老师好，对于Corprate Finance来说，比如IPOs失败，给它带来的操作风险时属于"Clients,products,and business practice"?若有法律诉讼是否也归到七大类的"Clients,products,and business practice"?

第55题中，treasurybond的风险因子是nominal，TIPs的风险因子是real，对吗？

请问老师，这题题干哪里说了存在分散化效果？

but should not pay performance-based compensation to a hedge fund manager who has done well because the fund invests in risk factors that mirror the performance of his style or strategy, and the style or strategy has performed well. 请问这句话怎么理解。是必须强掉基于performance 给激励吗？