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NEW QUESTION: 1
A buyer is creating a purchase requisition using "Catalog Superstore", and intends to compare items before adding them to the shopping list. Identify the maximum number of items that are allowed by the application for side-by-side item comparison.
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C

NEW QUESTION: 2
Imagine two perpetual bonds, ie bonds that pay a coupon till perpetuity and the issuer does not have an obligation to redeem. If the coupon on Bond A is 5%, and on Bond B is 15%, which of the following statements will be true:
I. The Macaulay duration of Bond A will be 3 times the Macaulay duration of Bond B.
II. Bond A and Bond B will have the same modified duration
III. Bond A will be priced at less than 1/3rd the price of Bond B
IV. Both Bond A and Bond B will have a duration of infinity as they never mature
A. III and IV
B. I and II
C. IV and I
D. II
Answer: D
Explanation:
Explanation
The modified duration of a perpetual bond is given by 1/i, where i is the yield. Since I is a positive number greater than zero, it means the modified duration of a perpetual bond is not infinity. Also note that this formula makes no reference to the coupon rate at all - in other words, the modified duration of a perpetual bond is independent of the coupon. The Macaulay duration of a perpetual bond is given by (1+i)/i, again a formula devoid of any references to the coupon. The price of a perpetual bond can be calculated as Coupon/i, which means that a 15% coupon perpetual bond will be priced at exactly 3x the price of a 5% coupon bond.
Based on the above, statement I is incorrect, but statement II is correct. Statement III is incorrect because Bond A will be priced at exactly 1/3rd the price of Bond B, and not less than that. Similarly, statement IV is incorrect as well.
Intuitively, a perpetual bond is nothing but a perpetual annuity, which will have a present value equal to 1/i * cash flow (which in this case is the coupon). The coupon rate only sets the cash flow dollar amount - there is really no difference between the two bonds described in the question except that buying one of Bond B is economically identical to buying three of Bond A.

NEW QUESTION: 3
Which action is taken by the FortiGate device when a file matches more than one rule in a Data Leak Prevention sensor?
A. The actions specified in the first rule from top to bottom
B. All actions specified by all the matched rules.
C. The actions specified by the rule that most specifically matched the file
D. The actions specified in the rule with the higher priority number
Answer: D

NEW QUESTION: 4
Bei einer neuen Ausführung wird der Projektmanager aufgefordert, vertrauliche Projektinformationen zu teilen, die nicht Teil der Kommunikation mit der vorherigen Führungskraft waren. Was soll der Projektmanager tun?
A. Fragen Sie das Projekt nach dem Gerät
B. Treffen Sie sich mit der Führungskraft, um sicherzustellen, dass sie die Auswirkungen ihrer Anfrage versteht.
C. Wenden Sie sich an eines der beiden Teams
D. Siehe Kommunikationsmanagementplan.
Answer: D