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NEW QUESTION: 1
You are paying 1,00% per annum paid semi-annually and receiving 6-month LIBOR on a USD 10,000,000.00 interest rate swap with exactly two years to maturity. 6-month LIBOR for the next payment date is fixed today at 0.95%. How would you hedge the swap using FRAs?
How to hedge an IRS with a strip of FRAs?
A. buy a strip of 0x6, 6x12, 12x18 and 18x24 FRAs
B. buy a strip of 6x12, 12x18 and 18x24 FRAs
C. sell a strip of 6x12, 12x18 and 18x24 FRAs
D. sell a strip of 0x6, 6x12, 12x18 and 18x24 FRAs
Answer: C

NEW QUESTION: 2
Users are connected to a database instance that is using Automatic Storage Management (ASM). The DBA executes the command as follows to shut down the ASM instance:
SQL> SHUTDOWN IMMEDIATE;
What happens to the database instance?
A. It shuts down only after all pending transactions are completed and the ASM instance waits for this before shutting down.
B. It is aborted and the ASM instance shuts down normally.
C. It stays open and SHUTDOWN command for the ASM instance fails.
D. It shuts down long with the ASM instance.
Answer: C
Explanation:
IMMEDIATE or TRANSACTIONAL Clause (link) Oracle ASM waits for any in-progress SQL to complete before performing an orderly dismount of all of the disk groups and shutting down the Oracle ASM instance. Oracle ASM does not wait for users currently connected to the instance to disconnect. If any database instances are connected to the Oracle ASM instance, then the SHUTDOWN command returns an error and leaves the Oracle ASM instance running. Because the Oracle ASM instance does not contain any transactions, the TRANSACTIONAL mode behaves the same as IMMEDIATE mode.

NEW QUESTION: 3

A. Option C
B. Option D
C. Option B
D. Option A
Answer: D