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NEW QUESTION: 1
Which one of the following four statements represents a possible disadvantage of using total return swap to manage equity portfolio risks?
A. The total return receiver needs to incur the transaction costs of establishing an equity position.
B. The total return receiver does not have any voting rights.
C. Similar to the formal portfolio rebalancing strategy, the total return receiver needs to modify the size of the trading position.
D. Similar to an equity forward position, the total return receiver does not get paid the dividend.
Answer: B

NEW QUESTION: 2
Table T1 was created by executing the following statement:

Immediately after creation, table T1 was populated with 10 rows. Later, user USER1 ran an application that inserted 100,000 rows into table T1. The following query is frequently ran against the T1 table:
SELECT deptno, empno, deptname FROM t1 WHERE deptno = 'EN' AND empno = '123' Assuming current statics exist for the table and index, which index will provide optimal performance for this query?
A. CREATE INDEX idx1 ON t1 (deptno) INCLUDE (empno)
B. CREATE INDEX idx1 ON t1 (deptno, empno)
C. CREATE INDEX idx1 ON t1 (deptno)
D. CREATE INDEX idx1 ON t1 (deptno, empno) INCLUDE (deptname)
Answer: B

NEW QUESTION: 3
Section B (2 Mark)
What is the expected percentage price change for a bond with an effective duration of nine in response to an increase in yield of 30 basis points?
A. 2.70%
B. -2.70%
C. 0.30%
D. 3.00%
Answer: B