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NEW QUESTION: 1
You can enter a derivative contract that will pay $100 at the end of a year if the price of oil exceeds $25 per barrel, or $50 if it is equal to $25 or lower. The probability that oil will exceed $25 by the end of one year is
60%. If interest is 4% for one year, what should the fair price of the contract be?
A. $76.92
B. $80.00
C. $60.00
D. $83.20
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The expected payoff for the contract is $100 * 0.60 + $50 * 0.40 = $80. At 4% interest, the present value of the expected payoff is $80/1.04 = $76.92. A deviation from this value would represent an example of the investment consequences of inconsistent probabilities.
NEW QUESTION: 2
質問に答えるために、以下の情報を参照してください。
マルチレベルセキュリティ（MLS）システムでは、以下の機密ラベルは感度のレベルを増加させることに使用されています:制限され、機密、秘密、トップシークレット。表Bは4つの異なるファイルのセキュリティクラスを示しながら、表Aは4人のユーザーのクリアランスレベルを示しています。
Bell-LaPadulaシステムでは、どのユーザは4つのファイルのいずれかにデータを書き込むとき、最大の制限がありますか。
A. ユーザーC
B. ユーザーA
C. ユーザーD
D. ユーザーB
Answer: C
NEW QUESTION: 3
Why do business users prefer to deal with cloud providers directly, instead of via the IT department?
A. It reduces financial risks to the business
B. The IT department does not accommodate variable costs
C. They can better measure the provider's quality
D. They can use their own payment options
Answer: B
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