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NEW QUESTION: 1
An investor enters into a 5-year total return swap with Bank A, with the investor paying a fixed rate of 6% annually on a notional value of $100m to the bank and receiving the returns of the S&P500 index with an identical notional value. The swap is reset monthly, ie the payments are exchanged monthly. On Jan 1 of the fourth year, after settling the last month's payments, the bank enters bankruptcy. What is the legal claim that the hedge fund has against the bank in the bankruptcy court?
A. $100m
B. $6m
C. $0, as all payments on the swap are current
D. The replacement value of the swap
Answer: D
Explanation:
Explanation
According to ISDA standard definitions, the legal claim for OTC derivatives is the current replacement value of the contract. Therefore Choice 'c' is the correct answer. None of the other choices are correct.
NEW QUESTION: 2
Which of the following is typically not associated with a Reverse Auction:
A. Specifically defined deliverables, skill-sets, or activities
B. Bidding is typically time bound and live'
C. The Lowest cost supplier is always selected
D. Multiple suppliers bidding to fulfill a single engagement
Answer: B
NEW QUESTION: 3
The WS-addressing header contains call back location_________.
A. Component ID.
B. Content I
C. Correlation ID.
D. BPEL variables.
Answer: C
Explanation:
WS-addressing header, which assigns it a callback location and correlation ID.
Reference (http://docs.oracle.com/cd/E14571_01/integration.1111/e10224/img_text/bpmdg020.htm)
NEW QUESTION: 4
Scenario
In this scenario, you will refer to screenshots about Cisco UCS B-Series servers and UCS Manager.
Instructions
To access the multiple-choice questions, click on the numbered boxes on the left of the top panel. There are four multiple-choice questions with this task. Be sure to answer all four questions before selecting the Next button.
Refer to the screenshot in Exhibit 4. Once you enable an SNMP Trap destination, which SNMP Version is required to configure the Inform Trap Type?
A. 2c
B. 0
C. 1
D. 2
Answer: B
Explanation:
Reference:
http://www.cisco.com/c/en/us/td/docs/switches/datacenter/sw/5_x/nxos/system_management/config uration/guide/sm_nx_os_cg/sm_9snmp.html
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