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NEW QUESTION: 1
You are creating an application that manages information about your company's products. The application includes a class named Product and a method named Save.
The Save()method must be strongly typed. It must allow only types inherited from the Product class that use a constructor that accepts no parameters.
You need to implement the Save()method.
Which code segment should you use?
A:
B:
C:
D:
A. Option A
B. Option C
C. Option B
D. Option D
Answer: D
NEW QUESTION: 2
An investor buys shares of ABC Corp. at $30 and immediately writes a call on them. If the call carries a premium of $2.5 and its exercise price is $30, at what price of ABC shares will this investor break-even?
A. Call options cannot have a negative value, therefore, there is no break-even point.
B. $32.50.
C. $27.50.
Answer: C
Explanation:
A call is at the money when its exercise price is equal to the current price of the asset. In this case, both the exercise price and the asset price is $30.
A covered call writer refers to an investor who owns the underlying asset and simultaneously sells (or writes) a call option. If the investor is writing the call, he will receive a premium of $2.50.
Should the asset price close above $30 before expiration, the writer of the call will have to deliver his stock. He loses the stock, but walks away with the premium he made.
On the other hand, if the stock price closes below $30, the writer will not be called upon to deliver the stock. However, the dropping stock price implies that he is losing value on the stock. If the stock price drops to $27.50, he has lost $2.50 on his stock; but since he made $2.50 selling the call in the beginning, he breaks even. Should the stock price drop below $27.50, his losses will offset any money he made selling the call. Hence, $27.50 is the break-even point.
NEW QUESTION: 3
SPC Charts are used extensively in different business and decision-making environments. In this example a vendor is being selected based on speed of delivery. Which of the conclusions would help you pick a vendor for your needs regarding lead-time of delivery from your vendors? (Note: There are 4 correct answers).
A. Vendor B since Vendor A shows a situation out of control as shown in red
B. Vendor A with a much shorter lead time in delivery
C. Vendor B as it has a better consistency (lower variance) on lead time
D. Vendor B has higher lead time, but a process with much narrower Control Limits
E. Vendor B since the Control Limits are much narrower than Vendor A
Answer: A,C,D,E
NEW QUESTION: 4
The director of internal auditing for a large company has established an excellent reputation because of her strong professional credentials and tactful but firm handling of auditor-auditee relationships. With regard to auditees, she must rely upon what sources of power?
A. Expert and coercive.
B. Referent and expert.
C. Referent and reward.
D. Legitimate and coercive.
Answer: B
Explanation:
The internal audit director has no formal (legitimate or position) power over auditees. Nor does she have the power to coerce (punish) or reward them. Rather, her ability to exert power (influence others) must derive from her specialized ability and knowledge and the force of her personal qualities.
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