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NEW QUESTION: 1
Bill Turner, CFA, is short a futures contract on wheat. Turner entered into the futures position three months ago at a contract price of $50. The contract expiration is tomorrow. The settlement prices for the past four days (from oldest to most recent) were $56, $53, $49, and $52. If the settlement price on the expiration day is $57, which of the following best describes a method Turner is most likely to use to terminate his futures contract?
A. Leave the contract open, deliver the wheat to the long, and receive a price of $57.
B. Sell a futures contract for $57 and receive a mark-to-market profit of $5.
C. Buy a futures contract for $57 and incur a mark-to-market loss of $5.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
Which competitive vulnerability does Cisco have when compared with Aruba's wireless network architecture?
A. Customers are locked in to a controller-less solution with no upgrade path.
B. Five different incompatible architectures complicate deployment and scalability.
C. The controller-less option does not integrate with the controller-based WLAN.
D. Cloud controllers have no option for remote network management.
Answer: B

NEW QUESTION: 3
A client goes to the Emergency Department with acute respiratory distress and the following arterial blood gases (ABGs): pH 7.35, PCO2 40 mmHg, PO2 63mmHg, HCO3 23, and oxygenation saturation ( SaO2) 93%. Which of the following represents the best analysis of the etiology of these ABGs?
A. pneumonia
B. tuberculosis (TB)
C. hypoxia
D. pleural effusion
Answer: C
Explanation:
A combined low PO2 and lowSaO2 indicates hypoxia. The pH, PCO2, and HCO3 are normal. ABGs are not necessarily altered in TB or pleural effusion. Depending on the degree of the pneumonia, the PO2 and PCO2 might be low because hypoxia stimulates hyperventilation.Physiological Adaptation