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NEW QUESTION: 1
You have created a symbol and have added several instances of it to the artboard. You want to make an edit to the symbol and update all instances of the symbol. What are two ways this be achieved? (Choose two).
A. Right-click on a symbol instance and choose Isolate Selected Group.
B. Select an instance of the symbol, choose Object > Expand, and edit the symbol.
C. Double-click on the symbol instance with one of the symbolism tools.
D. Double-click on the symbol instance with the Direct Selection tool.
E. Double-click on the symbol instance with the Selection tool.
Answer: B,E

NEW QUESTION: 2
Drag and drop each statement about a specific RP discovery mechanism on the left to its proper name on the right Select and Place:

Answer:
Explanation:

NEW QUESTION: 3
While in the managerial training program for a large multinational corporation, Daniel Waite is assigned a one-year rotation in the Mediterranean. Upon arriving at the assignment, he purchases a local (foreign currency) bond with an annual coupon of 8.5 percent for 96.5. He holds the bond for one year and then sells it for 98.0. Waite is pleased with his return, which he calculates at 10.4%.
On the plane ride home, Waite is seated next to his fellow coworker, Penny King, who begins to talk about the depressed local economy and the negative returns she had experienced on her local bond investments over the same period as Waite. She states that her total dollar return on an 8.0 percent annual coupon bond purchased at the same time as Waite's for 95.0 and sold for 98.0 (at the same time as Waite's) was a disappointing negative 10.737%.
Assume that King's calculation is correct and that Waite made some calculation error. Which of the following is closest to Waite's actual total dollar return?
A. -32.435%.
B. -10.363%.
C. -18.756%.
D. -11.712%.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Waite forgot to take into account the impact of the percentage change in the dollar value of the foreign currency.
Using the information provided by King, we can calculate the percentage change in the value of the foreign currency and then calculate Waite's total dollar return. Using the formula for total dollar return of:
R$= { [ 1+($coupon + VEND- VBEG)/ VBEG] * (1 + g) } - 1,
-0.10737= { [ 1+(8.0 + 98.0 - 95.0)/95.0 ] * (1 + FChange) } - 1
-0.10737 = { [1.115789] * (1 + FChange) } - 1
-0.2000 = FChange, or 20.0% depreciation.
Now, we can calculate Waite's total dollar return.
R$ Waite= { [ 1+(8.5 + 98.0 - 96.5)/96.5 ] * (1 - 0.20) } - 1
R$ Waite= -11.712%