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NEW QUESTION: 1
When an IIS filename extension is mapped, what does this mean?
A. The file and all the data from the browser's request are handed off to the mapped interpreter.
B. Files with the mapped extensions cannot be interpreted by the web server.
C. The files with the mapped extensions are interpreted by the web browser.
D. The files with the mapped extensions are interpreted by CMD.EXE.
Answer: A

NEW QUESTION: 2
The trade confirmation must be received by the customer no later than
A. the settlement date.
B. the day after the trade takes place.
C. one week after the settlement date.
D. five business days after the settlement date.
Answer: A
Explanation:
Trade confirmations must be received by the customer no later than the settlement date.

NEW QUESTION: 3
When hedging one fixed income security with another, the hedge ratio is determined by:
A. The yield beta and the basis point values of the hedge instrument and the security being hedged.
B. The yield beta
C. The volatility of the hedge
D. Basis point value or PV01 of the two instruments
Answer: A
Explanation:
Explanation
When hedging one fixed income security with another, the question as to how much of the hedge to buy (or sell) (ie the hedge ratio) for a given primary position is determined by their respective basis point values, which in turn are determined by their duration. Therefore, when hedging a long maturity bond with a PV01 of
$3 with a short maturity bond that has a PV of $1, we will need to buy 3 times the notional value of the short maturity bond to achieve the same sensitivity to interest rates as the longer maturity bond.
Additionally, we may also expect the interest rates on the hedge to move differently from the interest rates on the primary instrument being hedged, and this needs to be accounted for as well as part of the hedge ratio calculation. This is called the yield beta and is calculated as change in yield for primary position/change in yield for the hedge security.
The hedge ratio is determined both by the yield beta and the BPVs of the two securities. Choice 'd' is the correct answer.

NEW QUESTION: 4
What are two reasons to use Exception Declarations? (Choose two.)
A. to provide a structure to indicate that an error has occurred
B. to handle standard system exceptions only
C. to provide a mechanism to determine the nature of an error
D. as a simple flag to indicate that an error occurred during an operation
Answer: A,C

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