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NEW QUESTION: 1
For a FX forward contract, what would be the worst time for a counterparty to default (in terms of the maximum likely credit exposure)
A. Right after inception
B. Indeterminate from the given information
C. Roughly three-quarters of the way towards maturity
D. At maturity
Answer: D
Explanation:
Explanation
With the passage of time, the range of possible values the FX contract can take increases. Therefore the maximum value of the contract, which is when the credit risk would be maximum, would be at maturity. (Note that this is different than an interest rate swap whose value at maturity approaches zero.) Therefore Choice 'a' is the correct answer and the others are incorrect.
NEW QUESTION: 2
Which of the following is NOT a value proposition associated with the IBM Sterling File Transfer Service?
A. Eliminates the need to transfer files from internal systems to the cloud
B. Simplify B2B file transfer processes
C. Reduce IT operational and infrastructure costs
D. Grow your business
Answer: A
Explanation:
Reference:http://www-01.ibm.com/common/ssi/rep_ca/1/872/ENUSAP140341/ENUSAP14-0341.PDF
NEW QUESTION: 3
Investigator A claims his results are statistically significant at the 10% level. Investigator B argue that significance should be announced only if the results are statistically significant at the 5% level. From this we can conclude
A. it will be more difficult for investigator A to reject the statistical null hypotheses if he always works at the
10% level compared with investigator B who works at the 5% level.
B. if investigator A has significant results at the 10% level, they will never be significant at the 5% level.
C. if investigator A has significant results at the 10% level, they will also be significant at the level.
D. it will be less difficult for investigator A to reject the statistical null hypotheses if he always works at the
10% level compared with investigator B, who works at the 5% level.
Answer: A