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NEW QUESTION: 1
Which of the following statements is true:
I. On-the-run bonds are priced higher than off-the-run bonds from the same issuer even if they have the same duration.
II. The difference in pricing of on-the-run and off-the-run bonds reflects the differences in their liquidity III. Strips carry a coupon generally equal to that of similar on-the-run bonds IV. A low bid-ask spread indicates lower liquidity
A. II and IV
B. I, II and III
C. I and II
D. III and IV
Answer: C
Explanation:
Explanation
On-the-run bonds yield less, and therefore are priced higher than similar off-the-run bonds. The difference in their pricing reflects the fact that on-the-run bonds are more liquid than off-the-run bonds. Therefore statements I and II are correct. Bonds are on-the-run when they are issued, and change hands frequently, and over time as they become 'seasoned', newer bonds take their place as on-the-run bonds making them off-the-run.
Strips are zero coupon instruments, and do not carry any coupon. Therefore statement III is not correct.
A lower bid-ask or bid-offer spread indicates lower transaction costs and is a result of greater liquidity. A higher bid-ask spread results for less liquid securities. Therefore statement IV is not correct.
NEW QUESTION: 2
Which LCM Category is required to restore dimensional security?
A. Calculation Manager
B. Planning
C. Reporting
D. Groups and Memberships
Answer: D
Explanation:
In EPM System security mode, Essbase obtains user and group details (including user and group information and provisioning to Essbase applications) from Shared Services References: https://docs.oracle.com/cd/E57185_01/EDBAG/dsemain.html#dsemain_6
NEW QUESTION: 3
"혐기성"당분 해를 통한 아데노신 트리 포스페이트 생산은 어떤 부산물의 상당한 형성과 관련이 있습니까?
A. 구연산
B. 젖산
C. 피루브산
D. 인산
Answer: B
NEW QUESTION: 4
コードの断片を考えます：
n1行目に挿入されたどのコード部分がThe Top要素：30を出力しますか？
A. Option D
B. Option A
C. Option B
D. Option E
E. Option C
Answer: D