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NEW QUESTION: 1
A new taxi service charges money according to the weight of the passengers and their luggage or according to the distance they wish to travel. If the taxi service charges the highest among the two, according to what will the Smith's pay, weight or distance?
(1) The total weight of the Smith's family including the luggage is 300 Kg.
(2) The total distance, which the Smith's wish to travel is 100 Km.
A. Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
B. Either statement BY ITSELF is sufficient to answer the question.
C. Statement (2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
D. Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, requiring more data pertaining to the problem.
E. Statement (1) BY ITSELF is sufficient to answer the question, but statement (2) by itself is not.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
We are given two possibilities of charging fee, according to two different criteria's but both statements don't provide us with the conversion factor from weight to amount of money or from distance to amount of money.
More sufficient data is required.
NEW QUESTION: 2
Which Scheduler view(s) can be queried to see which jobs are currently executing? (Choose all that apply.)
A. DBA_SCHEDULER_EXECUTING_JOBS
B. DBA_SCHEDULER_CURRENT_JOBS
C. DBA_SCHEDULER_JOBS
D. DBA_SCHEDULER_RUNNING_JOBS
E. DBA_SCHEDULER_JOB_RUN_DETAILS
Answer: C,D
NEW QUESTION: 3
Duration of a bond normally increases with an increase in:
A. coupon rate.
B. yield to maturity.
C. time to maturity.
D. par value.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Duration is directly related to maturity and inversely related to the coupon rate and yield to maturity (YTM).
Duration is approximately equal to the point in years where the investor receives half of the present value of the bond's cash flows. Therefore, the later the cash flows are received, the greater the duration.
The longer the time to maturity, the greater the duration (and vice versa). A longer-term bond pays its cash flows later than a shorter-term bond, increasing the duration. The lower the coupon rate, the greater the duration (and vice versa). A lower coupon bond pays lower annual cash flows than a higher-coupon bond and thus has less influence on duration. The lower the YTM, the higher the duration. This is because the bond's price (or present value) is inversely related to interest rates. When market yields fall, the value (or cash flow) of a bond increases without increasing the time to maturity.
Consider the purchase of an existing bond selling for $1,150. This bond has 28 years to maturity, pays a
12 percent annual coupon, and is callable in 8 years for $1,100.