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NEW QUESTION: 1
Which one of the formulae below is correct?
A. Long a FRN + pay fixed on a swap = long a synthetic straight bond
B. Long a FRN + pay floating on a swap = long a synthetic straight bond.
C. Long a FRN + receive floating on a swap = long a synthetic straight bond
D. Long a FRN + pay floating on a swap = short a synthetic straight bond
Answer: B

NEW QUESTION: 2
The MOST detailed component of the WBS is known as:
A. Asub-phase
B. An activity
C. Awork package
D. Acost account
Answer: C

NEW QUESTION: 3
Like Truman, who was never considered a major national figure until Roosevelt's death made him
president, Ford attained national prominence only after ________ thrust him into the presidency.
A. personal ambition
B. outside circumstances
C. political intrigue
D. public demand
E. popular acclaim
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Obviously, the structure of this sentence is similarity. We want a phrase to fit in the blank that will match
the description of how both Truman and Ford attained prominence. You don't need to know history; just
realize that Ford's case must have resembled Truman's, in which pure accident (or "outside
circumstances") made him president.