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NEW QUESTION: 1
Which symbol does the following image represent?
A. Data Object
B. Complex Gateway
C. Parent of a sub-process
D. Multiple Instance Process
Answer: C
NEW QUESTION: 2
When the level of market interest rates is anticipated to fall (select the best answer):
A. option-free bonds with small coupons and the longest time to maturity have the greatest potential for price appreciation
B. callable bonds with small coupons and the longest time to maturity have the greatest potential for price appreciation
C. option-free bonds with the largest coupon and the shortest time to maturity have the greatest potential for price appreciation
Answer: A
Explanation:
A bond's time to maturity is positively related to the elasticity of the bond's price with respect to changes in its required return. A bond's coupon rate is inversely related to the elasticity of the bond's price with respect to changes in its required return. The upside potential of a reduction in required return is less for a callable bond than for a similarly defined option-free bond.
NEW QUESTION: 3
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B. Write a test before writing code.
C. It enables code refactoring.
D. Implementation is driven by incremental testing of release candidates.
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Answer: B,D
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