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Vendor: WorldatWork

Exam Code: GR7 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Using a single step binomial model, calculate the delta of a call option where future stock prices can take the values $102 and $98, and the call option payoff is $1 if the price goes up, and zero if the price goes down.
Ignore interest.
A. 0
B. 1/2
C. 1/3
D. 1/4
Answer: D
Explanation:
Explanation
To solve this question, we need to revisit how delta is calculated in a single step binomial model:
Consider a portfolio with just two positions: 1 Long Call option, and Short Stock. We do not know what (Delta) is.
Now if the current price of the stock is P, which can take the value P2 (higher value) and P1 (lower value) in the future at time T, then needs to be such that the value of the portfolio is equal in both the cases. If the price goes up, the value of the option will be $1 (given) and the value of the short stock will be - P2. If the price goes down, the value of the option will be $0, and the value of the stock will be - P1.
Therefore, $1 - P2 = $0 - P1.
Solving for , we get = $1 /(P2 - P1) = $1 / ($102-$98) = 1/4.

NEW QUESTION: 2
ジョブを操作する場合、Isilon管理者はどのタスクを実行できますか?
A. 影響ポリシーを変更します。
B. ジョブを手動で一時停止します
C. スケジュールを更新します。
D. カスタムインパクトレベルを作成する
Answer: C

NEW QUESTION: 3
When developing the initial entity relationship diagram, it is not necessary to document standard case data such as _____, _____, and _____ as Pega 7 automatically creates and updates these data elements for us. (Choose three.)
A. unique case ID
B. current case status
C. case resolution due data
D. case creation date
E. case creation reason
Answer: A,B,C

NEW QUESTION: 4

A. Option B
B. Option A
C. Option D
D. Option C
Answer: A


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