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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. I and III
C. IV only
D. II, III and IV
Answer: C
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
A. Network Recovery Method
B. Verbose Mode
C. Interrupt Safe Mode
D. Advanced Memory Support
Answer: C
NEW QUESTION: 3
Which driver is required for the connection between SAP HANA and SAP BusinessObjects Explorer?
Please choose the correct answer.
A. ODBC
B. BICS
C. JDBC
D. ODBO
Answer: C
NEW QUESTION: 4
During online data collection, an event call captures geographic location as a key-value pair dcs_region
:region ID parameter returned in a larger body of JSON data.
How are the parameters being passed?
A. Indirectly to Profile Cache Servers using Ul controls
B. Directly to Profile Cache Servers using APIs or data collection code
C. Indirectly to Data Collection Servers using Ul controls
D. Directly to Data Collection Servers using APIs or data collection code
Answer: D