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NEW QUESTION: 1
When does a ble get physically created in the underlying dabase?
A. When you activate a transparent ble in the Dictionary
B. When you activate a transparent ble in the ABAP Workbench
C. When Basis creates the blespace at the OS layer
D. When you create a transparent ble
Answer: A

NEW QUESTION: 2
Which of the following statements about the VRRP protocol are correct?
A. Both VRRPv2 and VRRP v3 support authentication.
B. The owner of the Mater IP address has a VRRP priority of 255, so the priority range that can be configured is 0-254.
C. VRRPv2 is only applicable to IPv4 networks, and VRRPv3 is only applicable to IPv6 networks.
D. VRRPv3 does not support authentication, while VRRPv2 supports authentication.
Answer: D

NEW QUESTION: 3
For an option position with a delta of 0.3, calculate VaR if the VaR of the underlying is $100.
A. 0
B. 33.33
C. 1
D. 2
Answer: A
Explanation:
Explanation
The first order approximation of the VaR of an option position is nothing but the VaR of the underlying multiplied by the option's delta. This is intuitive because the delta is the sensitivity of the option price to changes in the prices of the underlying, and in this case since the delta is 0.3 and the underlying's VaR is $100, the VaR of the options position is 0.3 x $100 = $30. Therefore Choice 'c' is the correct answer.
(Note that the second order approximation of the VaR of an options position considers the option gamma too, and VaR reduces if gamma increases.)

NEW QUESTION: 4
When is it permissible for a bank that is a government securities broker or dealer to refrain from filing a Form G-FIN-5 or a Form MSD-5 when an employee terminates the associated person status?
A. When the employee's status is reinstated within six months
B. When the employee remains employed by the bank and the bank notifies its regulatory agency
C. When the bank does not have all the necessary information and notifies its regulatory agency
D. When the employee files the form
Answer: B