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NEW QUESTION: 1
Simone Girau holds a callable bond and Chi Rigazio holds a putable bond. Which of the following statements about the two investors is TRUE?
A. Both investors calculate the value of the bond held by adding the value of the option to the value of a similar straight bond.
B. If yield volatility increases, the value of Rigazio's option will decrease.
C. Girau's bond has less potential for price appreciation.
D. As the yield volatility increases, the value of both Girau's bond and the underlying option increases.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
When a bond has a call provision, the potential for price appreciation is reduced, because the call caps the price of the bond near the call price. Even if interest rates fall considerably, it is unlikely that investors would pay a price that exceeds the call price.
The other statements are false. To calculate the value of a putable bond, it is correct to add the option value to the value of a similar straight bond. However, to calculate the callable bond value, subtract the option value from that of a similar straight bond. As a result, when yield volatility increases (thus increasing the option value), the value of a callable bond decreases and the value of a putable bond increases. A call option does benefit the issuer, but a put option benefits the holder. Embedded options (puts and calls) increase in value when volatility increases.
NEW QUESTION: 2
定性的なリスク分析中に、リスクの緊急性の評価を定義する必要があります。すべての
リスク優先度の指標は次のうちどれですか。
A. 症状
B. プロジェクトの費用
C. リスクレーティング
D. 警告サイン
Answer: B
NEW QUESTION: 3
View the Exhibit that sets the threshold for the Current Open Cursors Count metric. Why is the Significance Level threshold type not available in the threshold setting?
Exhibit:
A. because AWR baseline is not enabled
B. because Current Open Cursors Count is not a basic metric
C. because the STATISTICS_LEVEL parameter is set to BASIC
D. because the AWR baseline is a system-defined moving window baseline
Answer: B
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 4
Sie erstellen eine Tabelle mit dem Namen Sales.Orders, indem Sie die folgende Transact-SQL-Anweisung ausführen:
Sie müssen eine Abfrage schreiben, die Aufträge aus der Tabelle mit dem Status Storniert entfernt.
Erstellen Sie die Abfrage anhand der folgenden Richtlinien:
Ein Teil des richtigen Transact-SQL wurde im Antwortbereich unten bereitgestellt. Geben Sie den Code in den Antwortbereich ein, der das Problem löst und die angegebenen Ziele oder Anforderungen erfüllt. Sie können Code sowohl innerhalb als auch unterhalb des bereitgestellten Codes hinzufügen.
Verwenden Sie die Schaltfläche Syntax überprüfen, um Ihre Arbeit zu überprüfen. Alle Syntax- oder Rechtschreibfehler werden nach Zeilen- und Zeichenposition gemeldet.
Answer:
Explanation:
Please see explanation
Explanation
1. DELETE from sales.orders where status='Canceled'
Note: On line 1 change calceled to Canceled
Example: Using the WHERE clause to delete a set of rows
The following example deletes all rows from the ProductCostHistory table in the AdventureWorks2012 database in which the value in the StandardCost column is more than 1000.00.
DELETE FROM Production.ProductCostHistory
WHERE StandardCost > 1000.00;
References: https://docs.microsoft.com/en-us/sql/t-sql/statements/delete-transact-sql
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