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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 = short a synthetic straight bond
C. Long a FRN + pay floating on a swap = long a synthetic straight bond.
D. Long a FRN + receive floating on a swap = long a synthetic straight bond
Answer: C

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

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. popular acclaim
B. political intrigue
C. outside circumstances
D. personal ambition
E. public demand
Answer: C
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.