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NEW QUESTION: 1
Backwardation in commodity futures is explained by:
A. storage costs
B. contango
C. convenience yields
D. risk free rate or the cost of futures funding
Answer: C
Explanation:
Explanation
Backwardation is said to occur when futures prices are lower than the current spot prices. This would happen only when carrying costs are negative. Carrying costs are equal to interest, plus storage costs and less any
'convenience yield'. The existence of large convenience yields may explain backwardation in commodity futures prices. Therefore Choice 'd' is the correct answer.
Contango is the 'normal' market situation where forward prices are higher than spot prices. Storage costs explain contango, not backwardation. Risk free rates, or the cost of funding for the futures position, are always positive and do not explain backwardation.

NEW QUESTION: 2
Scenario: A Citrix Administrator configured NetScaler with multiple admin partitions, with different resources running one each. The administrator receives an SNMP alert stating 'a Load Balanced Virtual Server is down'.
When the administrator checks the NetScaler, the resource on the partition that was usually managed is NOT there.
Now, the administrator has to check each partition to find the load balanced virtual server that is down'.
What can the administrator do to add the partition information to the SNMP traps to avoid this from happening in the future?
A. Add the partition information to the SNMP traps.
B. Configure additional SNMP trap listeners.
C. Change SNMP trap options.
D. Configure the SNMP Manager to send the partition information.
Answer: D

NEW QUESTION: 3
An international organization has decided to move its treasury operations to the head office
in Paris, France. The company's goal is to establish the treasury as the primary provider of banking services and all company financing. What would the new proposal be an example of?
A. An outsourced shared service center
B. A hybrid treasury structure
C. An in-house bank and a centralized organization
D. A decentralized and a re-engineered organization
Answer: C


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