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NEW QUESTION: 1
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following statements is true:
I. American options can only be exercised at expiry
II. European options can be exercised at any time up to expiry
III. Bermudan options can be exercised at any time up to expiry except at certain times IV. A European option can never be worth more than an American option
A. I and II
B. IV only
C. II, III and IV
D. I and III
Answer: B
Explanation:
Explanation
Remember that:
- American options can be exercised at any time up to expiry
- European options can only be exercised at expiry
- Bermudan options can be exercised prior to expiry but only at certain dates or during certain specified periods, and not otherwise
- Since an American option can be exercised at any time prior to expiry while a European option can only be exercised at expiry, an American option will always be worth more than a European option Therefore the first three statements are incorrect and Choice 'd' is the correct answer.

NEW QUESTION: 2
Which of the following commands can be used to connect and interact with remote TCP network services?
(Choose two.)
A. cat
B. nc
C. netmap
D. telnet
E. nettalk
Answer: B,D

NEW QUESTION: 3
If your system has a firewall controlling port access which parameter can be used to control ports used for
GoldenGate processes?
A. DYNAMICPORTLIST
B. ALLOWEDPORTS
C. CHILDPORTS
D. GETPORTINFO
Answer: A
Explanation:
Explanation/Reference:
Explanation:

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