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Vendor: CIPS

Exam Code: L4M6 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
What are the categories of events described in the ITIL service operation book?
A. Informational, scheduled, normal
B. Informational, warning, exception
C. Scheduled, unscheduled, emergency
D. Warning, reactive, proactive
Answer: B
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its Black-Scholes price is 15.52. The options sensitivities are: delta = 0.98; gamma = 0.006 and vega = 1.55. What is the delta-gamma-vega approximation to the new option price when the underlying asset price changes to 105 and the volatility changes to 28%?
A. 17.33
B. 18.75
C. 20.54
D. 19.23
Answer: C

NEW QUESTION: 3
The MAIN purpose of a risk register is to:
A. identify stakeholders associated with risk scenarios.
B. promote an understanding of risk across the organization.
C. enable well-informed risk management decisions.
D. document the risk universe of the organization.
Answer: C


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