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NEW QUESTION: 1
Which of the following statements is true:
I. On-the-run bonds are priced higher than off-the-run bonds from the same issuer even if they have the same duration.
II. The difference in pricing of on-the-run and off-the-run bonds reflects the differences in their liquidity III. Strips carry a coupon generally equal to that of similar on-the-run bonds IV. A low bid-ask spread indicates lower liquidity
A. I and II
B. III and IV
C. I, II and III
D. II and IV
Answer: A
Explanation:
Explanation
On-the-run bonds yield less, and therefore are priced higher than similar off-the-run bonds. The difference in their pricing reflects the fact that on-the-run bonds are more liquid than off-the-run bonds. Therefore statements I and II are correct. Bonds are on-the-run when they are issued, and change hands frequently, and over time as they become 'seasoned', newer bonds take their place as on-the-run bonds making them off-the-run.
Strips are zero coupon instruments, and do not carry any coupon. Therefore statement III is not correct.
A lower bid-ask or bid-offer spread indicates lower transaction costs and is a result of greater liquidity. A higher bid-ask spread results for less liquid securities. Therefore statement IV is not correct.

NEW QUESTION: 2
Which of the following is the minimum requirement for an AS to be considered multi-homed?
A. Multiple connections to different service providers.
B. A single connection to a single service provider.
C. Two connections to a single service provider.
D. Two connections to two different service providers.
Answer: C

NEW QUESTION: 3
Which backup architecture component maintains the backup catalog?
A. Backup device
B. Backup client
C. Storage node
D. Backup server
Answer: D

NEW QUESTION: 4
When DSP oversubscription occurs on a Cisco IOS router using DSP modules that are based on the C5510 chipset, what will happen when an analog phone connected to a FXS port goes off-hook?
A. A network busy tone will be played.
B. A dial tone will be played, but digits will not be processed.
C. A slow busy tone will be played.
D. A fast busy tone will be played.
E. No tone will be played.
Answer: E