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NEW QUESTION: 1
A 2-step binomial tree is used to value an American put option with strike 104, given that the underlying price is currently 100. At each step the underlying price can move up by 20% or down by 20% and the risk-neutral probability of an up move is 0.55. There are no dividends paid on the underlying and the discretely compounded risk free interest rate over each time step is 2%. What is the value of the option in this model?
A. 12.78
B. 12.49
C. 12.33
D. 11.82
Answer: B

NEW QUESTION: 2
End-of-line inspection often fails to improve quality for which of the following reasons?
A. It excludes quality circles.
B. It lacks source accountability.
C. Its costs are significant
D. It requires extensive personnel.
Answer: B

NEW QUESTION: 3
Which two of these are characteristics of multicast Music on Hold? (Choose two.)
A. There is a single user per audio stream.
B. It uses the multicast group address 239.1.1.1 to 239.255.255.255.
C. It uses service parameters to set the codec type or types that are used by conferencing services
D. It uses one-way RTP point-to-point.
E. It decrements by port number for different audio sources.
F. Networks and devices have to support multicast.
G. It uses the multicast group address 238.1.1.1 to 239.255.255.255.
Answer: B,F
Explanation:
In multicast scenario A& B is absolutely wrong. Cisco recommends using an IP address in the range that is reserved for administratively controlled applications on private networks (239.0.0.0 to 239.255.255.255)
Link: http://www.cisco.com/en/US/docs/voice_ip_comm/cucm/admin/8_5_1/ccmfeat/fsmoh.html Note. If this would have been a choose three question then G could be correct as well.
Reference: Cisco Unified Communications Manager Features and Services Guide for Cisco Unified communications Manager Release 8.5(1), page-1002.