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NEW QUESTION: 1
Which of the following is NOT an assumption underlying the Black Scholes Merton option valuation formula:
A. The option can be exercised at any time up to expiry
B. Volatility of the underlying and the risk free interest rate is constant
C. There is no credit risk
D. There are no transaction costs
Answer: A
Explanation:
Explanation
All the choices listed are valid assumptions underlying the BSM option valuation formula except that the BSM formula is based upon the option being exercisable only at expiry. The assumption is that early exercise is not permitted. In other words, BSM applies to European options and not American options. Therefore Choice 'd' represents the correct answer as it is not an assumption underlying Black Scholes.

NEW QUESTION: 2
Which statement is true about routes?
A. Assets and locations that are applied to a route must be from the same site as the site ID of the parent record.
B. After a route has been applied to a work order, the resulting taskwork or child work orders can no longer be modified.
C. After a route has been applied to a work order, new sequence numbers can be assigned to the resulting taskwork or child work orders.
D. Assets and locations that are applied to a route must be from the same site as the site ID of the route record.
Answer: C

NEW QUESTION: 3
You administer a Microsoft SQL Server instance named SQL2012 that hosts an OLTP database of 1 terabyte in size.
The database is modified by users only from Monday through Friday from 09:00 hours to 17:00 hours. Users modify more than 30 percent of the data in the database during the week.
Backups are performed as shown in the following schedule:

The Finance department plans to execute a batch process every Saturday at 09:00 hours. This batch process will take a maximum of 8 hours to complete.
The batch process will update three tables that are 10 GB in size. The batch process will update these tables multiple times.
When the batch process completes, the Finance department runs a report to find out whether the batch process has completed correctly.
You need to ensure that if the Finance department disapproves the batch process, the batch operation can be rolled back in the minimum amount of time.
What should you do on Saturday?
A. Perform a differential backup at 08:59 hours.
B. Create a marked transaction in the transaction log at 08:59 hours. Perform a transaction log backup at
17:01 hours.
C. Create a database snapshot at 08:59 hours.
D. Record the LSN of the transaction log at 08:59 hours. Perform a transaction log backup at 08:59 hours.
E. Record the LSN of the transaction log at 08:59 hours. Perform a transaction log backup at 17:01 hours.
F. Create a marked transaction in the transaction log at 08:59 hours. Perform a transaction log backup at
08:59 hours.
Answer: C