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Sally Ferguson, CFA, is a hedge fund manager. Ferguson utilizes both futures and forward contracts in the fund she manages. In speaking with a client, Ferguson makes the following statements to answer their questions about futures and forward contracts:
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Statement 2:Forward contracts are marked-to-market on a daily basis to reduce credit risk to both counter parties.
Indicate whether Statement 1 and Statement 2 are most likely correct or incorrect.
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Answer: B

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A REQ number in the Service Catalog represents...
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C. <propagation-mapping foundation-field="location.externalCode" hrisfield="jobInfo.externalCode" />
D. <propagation-mapping foundation-field="location.externalCode" hrisfield="jobInfo.location" />
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The first phase in the operation life history of a population of product units is typically called:
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C. Transition phase.
D. Debugging phase.
Answer: D


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