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D. Price-takers sell low and buy high
Answer: B

NEW QUESTION: 2
For the purposes of calculating VaR, an interest rate swap can be modeled as a combination of:
A. a fixed coupon bond and a floating rate note
B. two zero coupon bonds
C. a fixed rate bond and a zero coupon bond
D. a zero coupon bond and an interest rate swap
Answer: A
Explanation:
Explanation
In an interest rate swap, the parties agree to exchanging interest rate payments, with one party being a fixed interest rate payer and the other paying floating rates. The party receiving fixed rates and paying floating can be considered to be long a fixed rate bond and short a floating rate note. Therefore an IRS can be modeled as a combination of a fixed coupon bond and a floating rate note. Choice 'b' is the correct answer.

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Answer: A,B,D

NEW QUESTION: 4

A. Option B
B. Option C
C. Option A
D. Option D
Answer: C
Explanation:
Explanation
With most development platforms, parameterized statements that work with parameters can be used (sometimes called placeholders or bind variables) instead of embedding user input in the statement. A placeholder can only store a value of the given type and not an arbitrary SQL fragment. Hence the SQL injection would simply be treated as a strange (and probably invalid) parameter value.
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