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NEW QUESTION: 1
The stock of Southwest Airlines (LUV) is selling for $11.77 in mid-September. An October put on the stock is selling for $1.45 and gives the owner the right to sell the stock for $13.00 prior to its expiration. In this example, the option premium is:
A. $13.00.
B. $1.23.
C. $11.77.
D. $1.45.
Answer: D
Explanation:
Explanation/Reference:
Explanation: The option premium is $1.45, the cost of the option.

NEW QUESTION: 2

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

NEW QUESTION: 3
Consider the scenario where the primary cluster caching facility failed while the secondary cluster caching facility was in CATCHUP state. Which of the following outcomes is CORRECT?
A. The instance would be brought down. DB2 cluster services then restarts only the secondary cluster caching facility now in the primary role.
B. The takeover operation succeeds and the secondary cluster caching facility will be promoted to primary. The cluster would continue processing incoming read-only transactions.
C. The DB2 pureScale cluster would freeze. A database administrator must restore the database from a previous backup and then roll forward the database to a point in time before the freeze.
D. DB2 cluster services will initiate a group restart with the former secondary cluster caching facility becoming the primary CF for the cluster. The instance will be temporarily unavailable while the services restart automatically
Answer: D

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