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NEW QUESTION: 1
Welche der folgenden Aussagen ist wahr? Wählen Sie alle zutreffenden.
A. Ein Zugriffsschlüssel ist erforderlich, um einen impliziten Erweiterungspunkt zu implementieren.
B. Zum Ändern von SAP-Repository-Objekten ist ein Zugriffsschlüssel erforderlich.
C. Ein Zugriffsschlüssel ist erforderlich, um eine SAP-Anwendung mithilfe eines User-Exits zu erweitern.
D. Für die Implementierung von Business Add-Ins ist ein Zugriffsschlüssel erforderlich.
Answer: B,C
NEW QUESTION: 2
You are developing a database that will contain price information. You need to store the prices that include a fixed precision and a scale of six digits. Which data type should you use?
A. Float
B. Money
C. Smallmoney
D. Numeric
Answer: D
NEW QUESTION: 3
Which of the following interpretations of duration and convexity is true?
I). Effective duration does not take into account the bond price's sensitivity to credit risk.
II). Portfolio convexity is the weighted average of the individual bonds' convexities.
III). Portfolio convexity will only provide meaningful figures for changes in portfolio value, if there is a parallel shift in the yield curve.
IV). As long as their duration is the same, a bullet and barbell portfolio will always exhibit the same degree of interest rate risk.
A. II, III and IV.
B. I, II, III and IV.
C. I, II and III.
Answer: C
Explanation:
(IV) is incorrect because a bullet and barbell portfolio, with the same duration, will only exhibit the same degree of interest rate risk if the yield curve shift is parallel. Otherwise, regardless of whether the durations are the same or not, a non-paralleled movement in the yield curve will result in different degrees of price changes for the two portfolios.