The Lognormal Distribution：lnY:[PracticeBcannot have negative values.

The Binomial Distribution：p,of success is constant for:[Practice:[Practicethree.

The NPV Rule & The IRR Rule：IRR opportunity cost of capital hurdle:rate:accept,IRR.,[Practice,013

The Shutdown Decision：The breakeven poin:[Practiceleast $7 million.

The AbsorptionApproach：or absorption.:surpluscapital.balanceaccount.

The Unemployment Rate：The Unemployment Rate:environment.measure the labor force in terms of the working-age population.constraints written into labor contracts that make layoffs expensive.

The Fisher Effect：The Fisher:interest in an economy is stable over time so that changes in nominal interest rates are the result;premium.premium to compensate them for uncertainty.

The Fiscal Multiplier：Wheret = tax rate

What are the responsibilities of the members in reference to the CFA Institute?：Once accepted as a member:每年交述職報告和年費(fèi)but must not over promise the competency and future investment results.Case

What members and candidates should notice in CFA examinations?：or security of the CFA examinations.（不能惡心CFA），考試不能作弊:考試內(nèi)容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case

What aspect is loyalty embodied?：Should abstain from independent competitive activity that could conflict with the interests of their employer.:（從事獨(dú)立業(yè)務(wù)需要向雇主披露并獲得雇主同意）:Misappropriation of trade secrets（盜竊交易秘密）

What are the ethics and trust in the investment profession？：Global investment performance standards（GIPS）= 比例低，也并非所有的不道德都是違法君子有所不為的決策是更好的決策更符合stakeholder利益的決策