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NEW QUESTION: 1
What type of relationship should be built for a one-to-one?
A. Look-up Field
B. Look-up Relationship
C. Master-Detail Relationship
D. Master-Detail Field
Answer: A,B

NEW QUESTION: 2
A(n) ________ is someone who has knowledge of pending or actual investment recommendations or action.
A. AIMR member
B. none of these answers
C. covered person
D. insider
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Access or covered persons have knowledge of pending or actual investment recommendations or action.
The firm's definition of access (covered) person should be broad enough to cover all people with that knowledge.

NEW QUESTION: 3
H has a floating rate loan that it wishes to replace with a fixed rate. The cost of the existing loan is LIBOR +
4%. H would have to pay a fixed rate of 8% on a fixed rate loan. H's bank has found a potential counterparty for a swap arrangement.
The counterparty wishes to raise a variable rate loan. It would pay LIBOR + 1% on a variable rate loan and
9% on a fixed rate.
The bank will require 10% of the savings from the swap and H and the counterparty will share the remaining saving equally.
Calculate H's effective rate of interest from this swap arrangement.
A. H would pay 6%
B. H would pay 6.2%
C. H would pay 6.4%
D. H would pay Libor + 1%
Answer: B