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NEW QUESTION: 1
A brokerage firm, which has $10 million in S&P500 stocks, enters into an equity swap with a pension fund which currently has $10 million in a short term savings account earning LIBOR. If these two entities were to arrange a proper equity swap, in which payments are to be made annually, what would be the net payment for a period that saw the S&P500 net 12% and LIBOR set at 8%?
A. Pension plan makes a net payment of $400,000.
B. Pension plan makes a net payment of $200,000.
C. Brokerage firm makes a net payment of $400,000.
Answer: C
Explanation:
A proper swap would involve the brokerage firm making payments equal to S&P 500 returns in exchange for LIBOR.
Brokerage pays 12% of 10 million = $1,200,000. Pension Pays 8% of 10 million = 800,000. Net payable
(broker's perspective): $400,000
NEW QUESTION: 2
Which command would you configure globally on a Cisco router that would allow you to view directly connected Cisco devices?
A. run cdp
B. cdp enable
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D. enable cdp
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Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
You wish to create a trigger on the 'city' table that will check the value of the 'District' field before any INSERT. The
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CREATE TRIGGER City_bi
BEFORE INSERT ON CITY
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Does the CREATE TRIGGER statement accomplish this goal?
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B. No; FOR EACH ROW is invalid syntax.
C. Yes; the trigger works correctly.
D. No; the syntax should be CREATE TRIGGER city-bi ON city BEFORE INSERT....
Answer: A
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