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NEW QUESTION: 1
Which foundation objects can you use to structure a customer's business?
There are 2 correct answers to this question.
Response:
A. Legal Entity (hris-element-id: company)
B. Division (hris-element-id: division)
C. Job Information (hris-element-id: jobInfo)
D. Employment Details (hris-element-id: employmentInfo)
Answer: A,B

NEW QUESTION: 2
The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75- 80%. As collateral, you are offered EUR 25,000,000.00 nominal of the 5.5% OAT April 2015, which is worth EUR
28,137,500.00. If you impose an initial margin of 1%, the Repurchase Price is:
A. EUR 27,946,077.08
B. EUR 27,947,276.43
C. EUR 27,948,871.97
D. EUR 27,950,071.43
Answer: C

NEW QUESTION: 3
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. 12.49
B. 11.82
C. 12.33
D. 12.78
Answer: A