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NEW QUESTION: 1
PNH plc issued 10% loan stock some years ago, which is redeemable at par in exactly one year's time. The interest rate offered by the company is 3 percentage points higher than the interest rate offered on one-year government bonds. A credit-rating agency now estimates that there is a 5% probability that the company would default on its payments and that lenders would receive nothing in one year's time. The market price of the loan stock reflects this default risk. An investor purchases some loan stock.
Ignoring tax, what is the actual achieved yield on the loan stock over the year to redemption if there is no default on payments?
A. 12*64%
B. 15*79%
C. 11*22%
D. 8*88%
Answer: A
NEW QUESTION: 2
For the description of the PPP link establishment process, the following statement is wrong () (multiple choice)
A. During the Establish phase, the PPP link negotiates LCP parameters. Negotiation content includes maximum receiving unit MRU, authentication method, magic Word options
B. PPP link supports half-duplex and full-duplex modes
C. During the Network phase, the PPP link performs NCP negotiation. Select and configure a network layer protocol through NCP negotiation, and conduct network Network parameter negotiation
D. The Dead phase is also called the physical layer unavailability phase. When both ends of the communication side detect physical line activation, they will migrate from the Dead phase.
To the Establish phase
E. After the NCP negotiation is successful, the PPP link will remain in communication and enter the Terminate phase.
Answer: B,E
NEW QUESTION: 3
An application originally valued at 327 FP was enhanced. The enhancement added 3 low EQs, 2 low EIs and 2 high EOs. What is the AFPA?
A. 0
B. 1
C. 2
D. 3
Answer: A
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