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NEW QUESTION: 1
Calculate the basis point value, or PV01, of a bond with a modified duration of 5 and a price of $102.
A. $0.0051
B. $0.051
C. $5.10
D. $0.51
Answer: B
Explanation:
Explanation
The basis point value is equal to $102 x 5 /10000 = $0.051. Therefore Choice 'd' is the correct answer.
The basis point value, also called the PV01, is the dollar value change in the price of a bond as a result of a 1 basis point (=1/10000) change in interest rates. Since the modified duration is 5, it means a 1% change in interest rates produces a 5% change in the price of the bond, and a 1 bps change will therefore produce a
0.05% change in the value of the bond. Since the bond is currently valued at $102, the change works out to
$102 x 0.05% = $0.051.

NEW QUESTION: 2
Click the Exhibit tab.



You are provided output from the sysconfig -aand sysconfig - rcommands of a MetroCluster cluster for disk switch1:15.45 SN#J9YG1U3L, as shown in the exhibit.
Which two statements are true in this scenario? (Choose two.)
A. The disk is located at the file2 site.
B. The disk is located in switch3.
C. The disk is located at the file3 site.
D. The disk is in shelf 2 bay 13.
Answer: C,D

NEW QUESTION: 3
Which two statements are true about REF CURSOR types? (Choose two.)
A. SYS_REFCURSOR can be used to declare cursor variables in stored procedures and functions
B. Only a weak REF CURSOR type can be used as a formal parameter of a stored procedure or function
C. A REF CURSOR return type can be delcared using %TYPE or %ROWTYPE or a user-defined record
D. REF CURSOR types cannot be defined inside a package
Answer: A,C
Explanation:
Explanation/Reference:
Explanation: