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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.] A long call position in an asset-or-nothing option has the same payoff as:
A. a long cash-or-nothing call and a long vanilla call
B. two long cash-or-nothing calls combined with a put at the same strike
C. a short cash-or-nothing call and a short vanilla call
D. a contingent premium option
Answer: A
Explanation:
Explanation
A cash or nothing call is one that pays a fixed amount if the underlying exceeds a certain threshold, or nothing.
An asset or nothing call is the same as the cash or nothing call except that instead of paying a fixed amount, it
'pays' the asset. Therefore the payoff profile of a long asset or nothing call has the same payoff as a long cash or nothing call and a long vanilla call.
This is best considered by building payoff diagrams which will show how the two positions are economically equivalent. Choice 'd' is the correct answer, and the rest are not.
NEW QUESTION: 2
オブジェクトを追跡するために構成されているしきい値の2つのタイプはどれですか？ （2つ選択してください。）
A. パーセンテージ
B. アドミニストレーティブディスタンス
C. 重量
D. 帯域幅
E. 遅延
Answer: A,C
NEW QUESTION: 3
Which of the following is the HIPs executable for the HIPs Client Ul?
A. FireTray.exe
B. McAfeeFire.exe
C. Mfefire.exe
D. FireSvc.exe
Answer: B
NEW QUESTION: 4
An engineer is attempting to improve OSPF network performance and discovers that the entire SPT recomputes whenever a type 1 or type 2 LSA is received within an area.
Which action can optimize SPT operations?
A. Tune LSA throttling thresholds.
B. Configure totally stubby areas throughout the domain.
C. Summarize networks on all ABRs.
D. Enable incremental SPF.
Answer: D