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NEW QUESTION: 1
Your database instance is started using an SPFILE. You are connected to cdb$root, as a DBA. You issue:
SQL> ALTER SYSTEM SET STATISTICS_LEVEL=ALL SCOPE=BOTH;
Which two statements are true about the statistics level parameter? (Choose two.)
A. It is immediately set to all in only those pluggable databases (PDBs) where the value is set to typical.
B. It is set to all for all PDBs only in the SPFILE.
C. It is immediately set to all in the SPFILE and the CDB instance.
D. It is immediately set to all only for cd3Sroot.
E. It is immediately set to all in all PDBs where the statistics_level parameter is not set.
Answer: A,C

NEW QUESTION: 2
Which of the following statements are true:
(I). A deep in-the-money call option has a value very close to that of a forward contract with a forward price equal to the exercise price
(II). If the volatility of a stock goes down to zero, the value of a call option on the stock will tend to be close to that of a forward contract so long as the option is in the money.
(III). All other things remaining the same, the issue of stock warrants exercisable at a future date will cause a decline in the current stock price
(IV). Implied volatilities are calculated from market prices of options and are forward looking
A. III and IV
B. II and III
C. I and IV
D. All of the above
Answer: D
Explanation:
Explanation
All the statements are correct, therefore Choice 'd' is the correct answer. Let us look at each of these statements one by one.
I. A deep in-the-money call option has a value very close to that of a forward contract with a forward price equal to the exercise price. This is true because a deep in the money call option is most likely to be exercised, and is therefore effectively like a forward contract to buy the stock at the exercise price.
We can also look at this using the BSM formula for a call option. If c be the value of a call option, and all other variables have their usual meaning (S0 is the spot price, K is exercise price, and t is time to expiry), then according to the Black Scholes model the value of a call is given by the following expression:
202.22.e1
As S0 becomes large, d1 and d2 become large, and therefore N(d1) and N(d2) approach 1, leaving the value of the call to be equal to 202.22.e2, which is the formula for a forward contract.
II. If the volatility of a stock goes down to zero, the value of a call option on the stock will tend to be close to that of a forward contract so long as the option is in the money.
Again, this is true because if volatility is low or zero, the stock price will grow at its expected rate, and end up to be what the forward price is (S0 ert). If the option is out of the money, the value of the option will tend to 0.
III. All other things remaining the same, the issue of stock warrants exercisable at a future date will cause a decline in the current stock price.
This is true because the stock warrants are likely to be exercised only when they are in the money, ie when their exercise price is less than the going stock price, and at that time it will dilute the value of the existing shares. However, the reduction in the price is priced into the share price at the time of the issue of the warrants, and it is not that the share price falls the day they are exercised.
IV. Implied volatilities are calculated from market prices of options and are forward looking. This statement is true: historical volatilities calculated from past prices are backward looking, while 'implied volatility' is the volatility implied from market prices, and is forward looking as it encapsulates the market's view of how volatile the future is likely to be.

NEW QUESTION: 3
An engineer is defining ECC variables and has set the input_mode set to B.
Which statement is true?
A. Mixed mode input is not accepted.
B. Get Digits are written to the CED.
C. DTMF or voice is accepted
D. An ASR is not being used.
Answer: C
Explanation:
Explanation
With input_mode set to "B" (both), either DTMF or speech is accepted, but mixed mode input is not. Once you begin entering with one mode, input using the other mode is ignored and has no effect.
https://www.cisco.com/c/en/us/td/docs/voice_ip_comm/cust_contact/contact_center/customer_voice_portal/cvp10_0/configuration/guide/CVP_BK_CFD64ACC_00_configuration-guide-for-cvp-1001/ CVP_BK_CFD64ACC_00_configuration-guide-for-cvp-1001_chapter_0111.html