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NEW QUESTION: 1
A floating rate note pays daily overnight LIBOR. It matures in exactly one year. What is the duration of the note?
A. 0.33 years
B. 0 years
C. 1 year
D. 0.5 years
Answer: B
Explanation:
Explanation
Since the note pays daily LIBOR, there is no interest rate risk associated with this instrument. Note that interest rate risk for a fixed income instrument arises when the current interest rate changes to a rate different from that the instrument pays. In this case, the rate floats, and is reset daily, therefore there is no risk and the duration is 0. Choice 'c' is the correct answer.

NEW QUESTION: 2
A marketing manager attempts to determine those customers most likely to purchase additional products as the result of a nation-wide marketing campaign.
The manager possesses a historical dataset (CAMPAIGN) of a similar campaign from last year.
It has the following characteristics:
* Target variable Respond (0, 1)
* Continuous predictor Income
* Categorical predictor Homeowner(Y, N)
Which SAS program performs this analysis?

A. Option C
B. Option B
C. Option D
D. Option A
Answer: D

NEW QUESTION: 3

A. LWAPP
B. Split MAC
C. CAPWAP
D. Local MAC
Answer: B

NEW QUESTION: 4
DRAG DROP

Answer:
Explanation: