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    NEW QUESTION: 1
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    A. True
    B. False
    Answer: A

    NEW QUESTION: 2
    Which knowledge area includes the processes to identify, define, and unify the various project management processes?
    A. Project Integration Management
    B. Project Qualify Management
    C. Project Risk Management
    D. Project Communications Management
    Answer: A

    NEW QUESTION: 3
    What does the simulate import function allow you to do in the manage your solution app?
    A. Generate mass business transactions to test the system
    B. Test migration data against system customizing without commit
    C. Activate the organizational structure and simulate business process execution against it.
    D. Import best practice business transactions and test business processes
    Answer: B

    NEW QUESTION: 4
    An investor enters into a 4 year interest rate swap with a bank, agreeing to pay a fixed rate of 4% on a notional of $100m in return for receiving LIBOR. What is the value of the swap to the investor two years hence, immediately after the net interest payments are exchanged? Assume the 2 year swap rate is 5%, and the yield curve is also flat at 5%
    A. $1,859,410
    B. -$1,904,762
    C. $1,904,762
    D. -$1,859,410
    Answer: A
    Explanation:
    Explanation
    The swap can be valued by using the new swap rate of 5%. The investor is paying fixed and receiving LIBOR, and can effectively get out of his position by entering into a swap to receive 5% and pay LIBOR. This will leave him/her with a net cash flow of 1% for two years, ie $1m for 2 years that can be discounted to the present using the rates provided, ie =(1/1.05 + 1/(1.05

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