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NEW QUESTION: 1
SAPUI5アプリケーションをSAP Cloud Platformアカウントにデプロイするために使用できるのは次のどれですか？
注：この質問には2つの正解があります
A. SAP XS CLI client, command line tool
B. SAP Web IDE Multi-Cloud version
C. SAP Cloud Platform cockpit
D. SAP HANA studio
E. SAP Web IDE
Answer: B,E

NEW QUESTION: 2
Which of the following statements are true:
I. Rebalancing frequency is a consideration for a risk manager when assessing the adequacy of delta hedging procedures on an options portfolio II. Stock options granted to employees that are exercisable 5 years in the future will lead to a decline in the share price 5 years hence only if the options are exercised.
III. In a delta neutral portfolio, theta is often used as a proxy for gamma by traders.
IV. Vega is highest when the option price is close to the strike price
A. III and IV
B. II
C. I, III and IV
D. I, II, III and IV
Answer: C
Explanation:
Explanation
Delta hedges need to be rebalanced periodically because with changes in prices, delta changes, and the amount of hedge required changes as well, requiring a readjustment. The more frequent the rebalancing, the better the performance of the hedge. However, the greater the rebalancing frequency, the greater are the number of trades required, increasing the costs from trading. The trader has to balance transaction costs against the adverse effects from poorer hedge performance. Therefore rebalancing frequency is a consideration for a trader and statement I is true.
Statement II is not true. When options are granted, their future impact on the price gets priced in into the current price, and no change occurs when these are actually exercised.
Statement III is true. Consider the Black Scholes PDE
202.23.e1
and substitute delta = 0 (as this is a delta neutral portfolio), and we get the result 202.23.e. Since r is generally small, a large negative theta means a large positive gamma and vice-versa. Therefore theta can be used as a proxy for gamma and this statement is correct.
Statement IV is correct. Vega is highest closest to the strike price - look at the graph for vega to see how vega behaves with changes to spot. (Do it yourself or there is a graph in the tutorial too.)

NEW QUESTION: 3
You must set up a workflow with three approvers. One of the approvers must be the president of the employee's division. Each division in the company has a different president.
What workflow feature would you configure to meet this requirement?
A. CC role
B. Dynamic role
C. Workflow contributor
D. Workflow group
Answer: B