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NEW QUESTION: 1
You set the Reportable option of a custom field to true in the Column Designer. In which reports does this field appear?
There are 3 correct answers.
Response:
A. Ad hoc
B. Standard YouCalc widget
C. Rollup
D. Aggregate export
E. Executive review
Answer: C,D,E

NEW QUESTION: 2
Two parties enter into a three-year interest rate swap, which involves the exchange of LIBOR+1% for a fixed rate of 12% on a $100 million notional amount. The LIBOR rate today is 11%, but is expected to increase to 15% in one year and fall back down to 8%. Which statement accurately depicts the flow of net cash flows between the two counter-parties?
A. The fixed rate payer would receive a payment of $4 million at the end of year two, while the variable rate payer would receive $3 million at the end of year three.
B. The variable rate payer would receive a payment of $4 million at the end of year two, while the fixed rate payer would receive $3 million at the end of year three.
C. The fixed rate payer will have to pay $3 million at the end of the second year and $3 million at the end of the third year.
Answer: A
Explanation:
With a variable of LIBOR + 1%, the effective interest payment for the variable rate payer will be 12% in year one, 16 in year two, and 9% in year three.
End of yr 1: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 12%): $12 million.
net cash flow received by fixed payer: NIL.
End of yr 2: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 16%): $16 million.
net cash flow received by fixed payer: $4 million.
End of yr 3: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 9%): $9 million. net cash flow received by variable payer: $3 million.

NEW QUESTION: 3
You have applied a character tag to a word. You then apply a different character tag to the same word.
What displays in the status bar?
A. the last character tag applied
B. both character tags
C. the first character tag applied
D. no character tag
Answer: A

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