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NEW QUESTION: 1
Your company often uses bulk e-mail to announce new products. You have been asked to design an HTML page containing a product announcement that will be sent via e-mail. Which of the following can be used to reduce accusations that your company sends spam to users?
A. Send a separate e-mail announcement that asks users to forward the previous e-mail message to a salesperson in order to be removed from the company's e-mail list.
B. Send your message as an attachment to the product announcement e-mail message.
C. Create an opt-out link at the bottom of the e-mail message, and include the company name and purpose of the letter in the Subject field.
D. Create a link at the bottom of the e-mail announcement that leads to an opt-out page.
Answer: C

NEW QUESTION: 2
A bond with a 5% coupon trades at 95. An increase in interest rates by 10 bps causes its price to decline to
$94.50. A decrease in interest rates by 10 bps causes its price to increase to $95.60. Estimate the modified duration of the bond.
A. 0
B. 5.5
C. 5.79
D. 1
Answer: C
Explanation:
Explanation
In this case, we can estimate the duration of the bond as follows: we know that a 10 bps increase in rates causes the price to move to $94.50, and a 10 bps decrease causes the price to increase to $95.60. Thus, over the range of the 20 bps, the average change in price per basis point is ($95.60 - $94.50)/20 bps = $1.10/20 =
$0.055/basis point, or $0.055* 100 = $5.5 for 100 basis points (ie 1%). We know that modified duration is equivalent to the percentage change in the bond price as a result of a 1% change in interest rates. A 1% change in the interest rates leading to a $5.5 change in a bond priced at $95 equates to $5.5/$95 = 5.79%, in other words the modified duration is roughly equal to 5.79 years.
In fact if we know the price of a bond at any two different interest rates, we can make an estimate of modified duration. Modified duration is just the first derivative with respect to price, and given two prices and the associated yields, we can easily calculate modified duration to be the ratio of the change in price to the change in interest rates. In this question, we are given both an up move and a down move. Using this estimation, only one data point (ie, either the up price or the down price) in addition to the starting point ($95) would have been enough to come to a rough estimate of modified duration. You will notice that the modified duration would be slightly different if we were to use the high point and the starting point (ie $95.60 and $95), and the starting point and the lower point ($95 and $94.50). The difference is due to convexity. The decrease in price is lower than the increase in price - and this is due to the convexity of the bond.

NEW QUESTION: 3
Which of the following is NOT the dimension of both risks and their consequences?
A. Risk mitigation
B. Severity of consequences
C. Risk occurrence
D. Timing of risk and duration of its consequence
Answer: A

NEW QUESTION: 4
You are logged in to the agency portal as an agent. What actions can you perform when you have a suitable candidate for a job listing?
There are 2 correct answers to this question
Response:
A. You can submit your agency details
B. You can submit a candidate to the interview status
C. You can submit a new candidate
D. You can submit an existing candidate
Answer: C,D