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NEW QUESTION: 1
Which of the following statements is a correct description of the phrase present value of a basis point?
A. It is another name for duration
B. It refers to the discounted present value of 1/100th of 1% of a future cash flow
C. It refers to the present value impact of 1 basis point move in an interest rate on a fixed income security
D. It is the principal component representation of the duration of a bond
Answer: C
Explanation:
Explanation
This is a trick question, no great science to it. Remember that the 'present value of a basis point' refers to PV01, which is the same as BPV (basis point value) referred to in the PRMIA handbook. In other textbooks, the same term is also variously called 'DV01' (dollar value of a basis point). Remember these other terms too.
PV01, or the present value of a basis point, is the change in the value of a bond (or other fixed income security) from a 1 basis point change in the yield. PV01 is calculated as (Price * Modified Duration/10,000).

NEW QUESTION: 2
What is the HPE Nimble grouping of volumes that share snapshot/replication schedules?
A. volume collection
B. volume group
C. volume set
D. consistency group
Answer: D

NEW QUESTION: 3
Amazon S3とは何の略ですか？
A. ソーシャルストレージサービス
B. セキュアストレージサービス
C. 簡易保管サービス
D. 標準保管サービス
Answer: C
Explanation:
Amazon Simple Storage Service (Amazon S3) is storage for the Internet. It provides a simple interface to manage scalable, reliable, and low latency data storage service over the Internet.
Reference: http://docs.aws.amazon.com/AmazonS3/latest/gsg/GetStartedWithS3.html