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NEW QUESTION: 1
DRAG DROP
Drag each show command on the left to the description of its output on a PE router on the
right.

Answer:
Explanation:

NEW QUESTION: 2
A customer requires the ability to provide access to billions of files simultaneously. What SONAS feature allows for this?
A. Network File system
B. Common Internet File Systems
C. General Parallel File System
D. Hypertext Transport Protocol
Answer: C

NEW QUESTION: 3
A consumer reporting agency may furnish a consumer report
A. If not authorized in writing by the consumer
B. In response to a court order having jurisdiction or a subpoena issued by a federal grand jury or review or collection of an account of the consumer
C. For employment purposes Before procuring a consumer report, an employer Must disclose to the individual in writing that a consumer report may be obtained Must obtain written authorization from the individual before procuring the report
D. In connection with a credit or insurance transaction
Answer: B,C,D

NEW QUESTION: 4
Calculate the settlement amount for a buyer of a 3 x 6 FRA with a notional of $1m and contract rate of 5%.
Assume settlement rate is 6%.
A. Receive $2463
B. Pay $9434
C. Receive $9434
D. Pay $2463
Answer: A
Explanation:
Explanation
An m x n FRA is an agreement to borrow money for a period starting at time m and ending at time n at the contracted rate. Therefore, the buyer of the 3 x 6 FRA has committed to borrow $1m at the beginning of 3 months and return it at the end of 6 months, ie a total borrowing period of 3 months at a rate of 5%. Of course, the $1m is never actually exchanged, and at the beginning of the 3 month period when the next three months' interest rate is known (6%), the parties merely exchange the difference in the interest. SInce this interest was only due at the end of the 6 months and is being exchanged at the 3 month time point, it will have to be discounted to its present value.
The correct answer to this question is =(1,000,000 * (6% - 5%) * 3/12)/(1 + (6%*3/12))=$2463.05. Since interest rates rose, the borrower gained as he has the right to borrow at a lower rate, and therefore the seller will pay the borrower.
(Here:
- $1m is the notional
- 6% - 5% represents the difference between the contracted and the realized interest rates
- 3/12 is the 3 month period from month 3 to 6
- Finally, we divide by the current interest rate for 3 months to present value the payment from month 6 to month 3)