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Basic Question 0 of 4
Capital restrictions are policies to restrict ______.
B. the outward flow of capital
C. both the inward and outward flow of capital
A. the inward flow of capital
B. the outward flow of capital
C. both the inward and outward flow of capital
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Learning Outcome Statements
explain the relationships between the values of a callable or putable bond, the underlying option-free (straight) bond, and the embedded option;
describe how the arbitrage-free framework can be used to value a bond with embedded options;
CFA® 2025 Level II Curriculum, Volume 4, Module 28.