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  • Vendor : OMG
  • Certifications : OMG Certification
  • Exam Name : OMG Certified UML Professional 2 (OCUP 2) - Foundation Level
  • Exam Code : OMG-OCUP2-FOUND100
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.


What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
SKU: OMG-OCUP2-FOUND100 Categories: ,

Description

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    NEW QUESTION: 3



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    Answer: D

    NEW QUESTION: 4
    Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
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    Trades of Sumatra Natural Resources

    Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
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    Average effective spread Weighted average effective spread
    A. 0.1957 0.1975
    B. 0.0971 0.0908
    C. 0.1975 0.1957
    Answer: C
    Explanation:
    Explanation/Reference:
    Explanation:
    The quoted spread for the first trade = 22.36 - 22.18 = 0.18. The quoted spreads for the remaining three trades are 0.20, 0.19, and 0.26, so the average quoted spread * (0.18 + 0.20 + 0.19 + 0.26) / 4 = 0.2075.
    The mid-quote for the first trade = (22.36 + 22.18) / 2 - 22.27, and the effective spread = (22.33 - 22.27) x 2
    = 0.12. The effective spreads for the remaining three trades are 0.20, 0.17, and 0.30, so the average effective spread = (0.12 + 0.20 + 0.17 + 0.30) / 4 = 0.1975.
    The weighted average effective spread = (900 / 3,000) x 0.12 + (600 / 3,000) x 0.20 + (700 / 3,000) x 0.17
    + (800 / 3,000) x 0.30 - 0.1957. (Srudy Session 16, LOS 45.b)


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