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The cheapest to deliver bond for a treasury bond futures contract is the one with the :
A. the lowest coupon
B. the highest coupon
C. the lowest yield to maturity adjusted by the conversion factor
D. the lowest basis when comparing cash price to the futures spot price adjusted by the conversion factor
Answer: D
Explanation:
Explanation
Treasury bond futures do not specify which bond can be used to effect delivery, but allow the seller to pick from a number of available bonds. As a result, one of these eligible bonds emerges as being the 'cheapest' to deliver, and this CTD bond is determined by the basis between the cash price of the bond and the futures spot price as adjusted by the conversion factor for this specific bond. (ie, basis = Cash Price of the Bond - Futures Price x Conversion Factor) The bond with the lowest basis is generally the CTD - therefore Choice 'c' is the correct answer.

NEW QUESTION: 2
PortFastが有効になっている場合、スイッチポートはどの状態に移行しますか?
A. listening
B. forwarding
C. blocking
D. learning
Answer: B

NEW QUESTION: 3
To enable Predictive DRS, which three steps must be taken? (Choose three.)
A. A supported version of vRealize Operations Manager must be configured and enabled.
B. The corresponding virtual machines must be tagged for predictive DRS use.
C. The predictive DRS check box must be enabled.
D. DRS must be enabled.
E. vRealize Log Insight must be enabled and configured to watch for Predictive DRS moves.
Answer: A,C,D
Explanation:
Explanation/Reference:
Reference https://docs.vmware.com/en/vRealize-Operations-Manager/6.4/com.vmware.vcom.core.doc/ GUID-D830E36D-08A3-4D1A-87EC-0EC6217D1761.html

NEW QUESTION: 4
Which of the following technologies allow a company to meet with an off-site vendor and share marketing materials in real time?
A. QoS
B. Video conferencing
C. VoIP
D. Telephony
Answer: C


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