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NEW QUESTION: 1
____________ is defined as covering work whose component activities are less defined and whose interrelationships are conditional.
A. Inductive logic
B. Soft logic
C. Deductive logic
D. Hard logic
Answer: B
NEW QUESTION: 2
You merge several CSV files by using Query Editor.
You need to remove all the leading whitespaces and all the non-printable characters from a column.
What should you do to achieve each task? To answer, drag the appropriate actions to the correct goals. Each action may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
Box 1: From the Extract menu, click Trim
Box 2: From the Extract menu, click Clean
NEW QUESTION: 3
An investor enters into a 4 year interest rate swap with a bank, agreeing to pay a fixed rate of 4% on a notional of $100m in return for receiving LIBOR. What is the value of the swap to the investor two years hence, immediately after the net interest payments are exchanged? Assume the current zero coupon bond yields for 1,
2 and 3 years are 5%, 6% and 7% respectively. Also assume that the yield curve stays the same after two years (ie, at the end of year two, the rates for the following three years are 5%, 6%, and 7% respectively).
A. $3,630,846
B. -$2,749,326
C. - $3,630,846
D. $2,749,326
Answer: A
Explanation:
Explanation
The swap can be valued by valuing the two individual components of the swap.
The fixed rate bond equivalent in the swap is valued at =4/1.05 + 104/(1.06