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NEW QUESTION: 1
A long position in a credit sensitive bond can be synthetically replicated using:
A. a long position in a treasury bond and a short position in a CDS
B. a long position in a treasury bond and a long position in a CDS
C. a short position in a treasury bond and a long position in a CDS
D. a short position in a treasury bond and a short position in a CDS
Answer: A
Explanation:
Explanation
The correct answer is choice 'a'
A long position in a credit sensitive bond is equivalent to earning the risk free rate and the spread on the bond.
The risk free rate can be earned through a long position in a treasury bond, and the spread can be earned in the form of premiums on a CDS, which are received by the protection seller, ie the party short a CDS contract.
Therefore we can get the same results as a long bond position using a combination of a long treasury bond and a short position in a CDS. Choice 'a' is the correct answer.

NEW QUESTION: 2
Your organization is implementing Supplier Qualification Management (SQM) and wants the supplier qualification process to be executed with segregation of duties in the following manner:
- for qualification management (Vendor development team-VD)
- independent evaluation (Procurement Department-PD)
- involvement of internal subject matter experts (SME)
Identify the correct setup to meet this requirement.
A. initiatives created and owned by PD, internal response by VD, and evaluation by SME
B. initiatives created and owned by VD, internal response and evaluation by SME
C. initiatives created and owned by VD, internal response by SME, and evaluation by PD
D. initiatives created and owned by VD, internal response by PD, and evaluation by SME
Answer: C

NEW QUESTION: 3
An organization plans to deploy Microsoft Intune.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.

Answer:
Explanation: