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NEW QUESTION: 1
A 2-step binomial tree is used to value an American put option with strike 104, given that the underlying price is currently 100. At each step the underlying price can move up by 20% or down by 20% and the risk-neutral probability of an up move is 0.55. There are no dividends paid on the underlying and the discretely compounded risk free interest rate over each time step is 2%. What is the value of the option in this model?
A. 12.78
B. 12.49
C. 11.82
D. 12.33
Answer: B

NEW QUESTION: 2
An administrator powers on a vRealize Automation Multi-Machine Service that includes Machine A and Machine B.
The application on Machine A does not start correctly and displays the following error message:
Machine B not ready
What step should be taken to resolve this issue?
A. Adjust the startup approvals for the Multi-Machine Service.
B. Change the startup order of the Multi-Machine Service.
C. Create a startup dependency in the Multi-Machine Service.
D. Define a startup delay in the Multi-Machine Service.
Answer: B

NEW QUESTION: 3
You are designing a .NET Framework 4 solution that includes a Windows Presentation Foundation (WPF) application. The WPF application connects to a Microsoft SQL Server 2008 database. You plan to deploy the WPF application to millions of client computers. The SQL Server database will be hosted in a data center.
The WPF application will query the database to provide type-ahead assistance as users enter data. The WPF application will send a query after each character is entered. Each query will access multiple joined tables.
You need to recommend an approach for maximizing scalability of the solution.
What should you recommend?
A. Create stored procedures to abstract the tables.
B. Use System.Runtime.Caching to cache query results on the client.
C. Create a separate data layer with caching.
D. Denormalize the data to fewer tables.
Answer: C

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