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NEW QUESTION: 1
Sally is optimizing her Google AdWords account for her catering hall. The catering hall is in an old castle near Phoenix, Arizona. The castle is a landmark for Phoenix residents and it's a popular place for weddings, banquets, and parties. Which one of the following is the best choice for targeting Sally's market to a very specific area?
A. Country targeting
B. Customized targeting
C. Region and City targeting
D. City targeting
Answer: B
NEW QUESTION: 2
Jackie Gold owned a bond that had a Modified duration of 19.400. If the bond had a coupon of
19.00 %, and a yield to maturity of 8.50 %, then what is the change in bond price given a change in yield of - 290 basis points?
A. -14.741%
B. 56.260%
C. 33.756%
Answer: B
Explanation:
Candidates beware of extraneous information and the possible trap set for you! Modified duration estimates the percentage change in bond price with a change in yield and is a very simple computation. You do not need to make the Macaulay adjustment (i.e. (Macaulay duration) - (1+YTM/2)) since the modified duration is already provided. This calculation is very straight forward however, do not forget to adjust for the " - "sign at the beginning of the formula. Just remember that bond prices and interest rates move in an inverse manner. Consequently as interest rates decrease, bond prices decrease
(and vice versa). The solution follows: The formula for a bond with a Modified duration is: % dP = -
Modified Duration * di dP/P * 100 = - Dmod * di Where dP = change in price for the bond, - Dmod = the modified duration for the bond, di = the yield change in basis points divided by 100, P = beginning price for the bond % dP = -19.400 * -2.90 = 56.260%
NEW QUESTION: 3
A network technician is replacing security devices that protect the DMZ for a client. The client has an application that allows external users to access the application remotely. After replacing the devices, the external users are unable to connect remotely to the application. Which of the following is MOST likely misconfigured?
A. Content filter
B. Firewall
C. DNS
D. DHCP
Answer: B
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