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NEW QUESTION: 1
If the spot price for a commodity is lower than the forward price, the market is said to be in:
A. disequilibrium
B. a short squeeze
C. backwardation
D. contango
Answer: D
Explanation:
Explanation
When the forward prices are greater than the spot prices, the market is said to be in contango. When forward prices are lower than spot prices, the market is said to be backwarded. A short squeeze may contribute to backwardation. Choice 'a' is the correct answer.
NEW QUESTION: 2
Let N(.) denote the cumulative distribution function and suppose that X and Y are standard normally distributed and uncorrelated. Using the fact that N(1.96)=0.975, the probability that X
0 and Y 1.96 is approximately
A. 0.25%
B. 0.49%
C. 0.495%
D. 0.488%
Answer: D
NEW QUESTION: 3
Why would an administrator create and assign a condition? Note: There are 2 correct answers to this question.
A. To hide templates until usage is appropriate (Missed)
B. To prevent users from creating their own master agreement document
C. To make certain project groups appear based on field selections (Missed)
D. To make all fields on a template unavailable for a specific user
Answer: A,B
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