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NEW QUESTION: 1
The delta of an option is:
A. The sensitivity of the option value to changes in interest rates
B. The sensitivity of the option value to changes in the time to expiry
C. The sensitivity of the option value to changes in the price of the underlying
D. The sensitivity of the option value to changes in volatility
Answer: C

NEW QUESTION: 2
A government can finance a budget deficit by:
i. increasing taxation rates.
ii. Reducing government expenditure.
iii. Selling long term government bonds.
iv. Issuing Treasury Bills.
v. Raising interest rates.
vi. Reducing transfer payments.
A. (ii), (v) and (vi) only
B. (i), (ii) and (iii) only
C. (ii) and (vi) only
D. (iii) and (iv) only
Answer: D

NEW QUESTION: 3
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)
A. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
B. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
C. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
D. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
Answer: C

NEW QUESTION: 4
Two persistent correspondents run as ephemeral processes. At regular intervals UNIX cron jobs start the processes, which send several certified messages and then exits. The publisher and subscriber processes are never running at the same time. Which TIBCO Rendezvous daemon should be used to ensure certified delivery?
A. rvrad
B. rvd
C. rva
D. rvsd
E. rvrd
Answer: A

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