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NEW QUESTION: 1
A bond pays semi-annual coupons at an annual rate of 10%, and will mature in a year. What is its modified duration? Assume the yield curve is flat for the next 12 months at 5%.
A. 0.953
B. 0.700
C. 1.500
D. 1.000
Answer: A
Explanation:
Explanation
We can calculate the duration of the bond as follows:
PV of 1st coupon payment: $5/(1 + 5%/2) = $4.878
PV of final payment: $105/(1 + 5%) = $100
Weighted average of the two = (0.5*$4.878 + 1*$100)/($4.878 + $100) = 0.9767, ie this is the Macaulay duration.
Thus the modified duration is 0.9767/(1 + 5%/2) = 0.9529
(Note that Modified Duration = Macaulay Duration/(1 + y/n), where n is the compounding frequency) In addition to this calculation, in this particular question we can intuitively arrive at the correct answer by eliminating the incorrect choices. Since the bond matures in a year, its modified duration will be less than a year. Therefore Choice 'a' and Choice 'b' cannot be correct. Similarly, 0.700 appears too low as the coupons are not so heavily weighted towards earlier in the year. Therefore only Choice 'c' can be the correct answer.

NEW QUESTION: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are a Microsoft Dynamics 365 administrator for Contoso, Ltd. A user named Elizabeth Rice signs in to Dynamics 365 by using the following sign in name: [email protected].
After marriage, Elisabeth changes her legal name to Elisabeth Mueller.
You need to update the sign in name for the user without losing any application history.
Solution: From Dynamics 365, select Email Configuration. In the active mailbox for the user, update the name.
Does the solution meet the goal?
A. No
B. Yes
Answer: A

NEW QUESTION: 3
vSphereでNFSデータストアをマウントするには、どの3つの構成手順が必要ですか？ （3つ選択してください。）
A. NFSサーバーで、NFSボリュームを構成し、ESXiホストにマウントされるようにエクスポートします。
B. 各ESXiホストで、NFSトラフィック用のVMkernelネットワークポートを構成します。
C. VMkernelポートバインディングを構成します。
D. Microsoft Windowsを実行している仮想マシンでは、SCSI TimeoutValueパラメーターの値を増やして、Windowsがパスフェールオーバーに起因する遅延I / Oに耐えられるようにします。
E. NFS 4.1データストアでKerberos認証を使用する予定の場合は、Kerberos認証用にESXiホストを構成します。
Answer: A,B,E