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NEW QUESTION: 1
A currency with a lower interest rate will trade:
A. at a forward premium
B. at a forward discount
C. cannot be determined solely on the basis of interest rates
D. at the same prices for forwards as for the spots
Answer: A
Explanation:
Explanation
Given covered interest parity, the currency with a lower interest rate will trade at a forward premium. Choice
'b' is the correct answer.
For an intuitive reasoning, consider a currency forward contract that matures in 3 months. The seller has agreed to sell, say JPY 1,000,000 in exchange for USD 10,000 in the future. In order to cover himself, he borrows the USD right now and converts it to JPY at spot which he puts in a JPY deposit. Assuming JPY interest rates are less than USD interest rates, he pays more on his USD borrowing than he receives on his JPY deposit. Therefore he has to price the forward contract at a premium to spot to cover the interest rate differential.
NEW QUESTION: 2
Your company has a Microsoft 365 subscription that uses an Azure Directory (Azure AD0 tenant named Contoso.com. The tenant contains the users shown in the following table.
You create a relation label named Label1 that has the following configurations:
Retains content for five years.
Automatically deletes all content that is older than five years.
You turn on Auto labeling for Label1 b using a policy named Policy1. Policy1 has the following configurations:
* Retains content for five years
* Automatically deletes all content that is older than five years
You turn on Auto labeling for Label 1 by using a policy named Policy1. Policy has the following configurations:
* Applies to content that contains the word Merger
* Specifies the OneDrive accounts and SharePoint sites locations
You run the following command
Set RetentionConpliancePolicy Policy1 RestrictiveRelention $true Force
Answer:
Explanation:
NEW QUESTION: 3
Which of the following tools can you use to monitor the query time from SAP HANA?
A. Performance tab of the System Monitor
B. Central Management Console
C. SQL Trace
D. Event Viewer
Answer: C
NEW QUESTION: 4
You have a database that contains the tables shown in the exhibit. (Click the Exhibit button.)
You need to create a view named uv_CustomerFullName to meet the following requirements:
* The code must NOT include object delimiters.
* The view must be created in the Sales schema.
* Columns must only be referenced by using one-part names.
* The view must return the first name and the last name of all customers.
* The view must prevent the underlying structure of the customer table from being changed.
* The view must be able to resolve all referenced objects, regardless of the user's default schema.
Which code segment should you use?
To answer, type the correct code in the answer area.
Answer:
Explanation:
Please review the explanation part for this answer
Explanation
CREATE VIEW Sales.uv_CustomerFullName
WITH SCHEMABINDING
AS
SELECT FirstName, LastName
FROM Sales.Customers
Reference: http://msdn.microsoft.com/en-us/library/ms187956.aspx