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NEW QUESTION: 1
A bond has a face value of $1,000, matures in 10 years, and pays an 8% coupon, with interest paid semiannually. If the bond is priced to yield 8.8%, it is selling:
A. at par.
B. at its maturity value.
C. at a premium.
D. at a discount.
Explanation: If the bond is priced to yield 8.8%, it is selling at a discount. Its nominal yield is the same as its coupon rate, 8%, which is what it would yield if it were selling at its par value, which is the same as its maturity value and its face value--$1,000. In order to be yielding more than this, the bond has to be selling for less than its face value, such that investors are also getting a return from capital gains. A bond that is selling below its face value is said to be selling at a discount.
NEW QUESTION: 2
The Chief Technical Officer (CTO) has been informed of a potential fraud committed by a database administrator performing several other job functions within the company. Which of the following is the BEST method to prevent such activities in the future?
A. Separation of duties
B. Least Privilege
C. Job rotation
D. Mandatory Vacations
NEW QUESTION: 3
The application developer needs to automate the rule project build process. The rule projects are stored in a Source Code Control system. What should the application developer do to automate the build process?
A. Use the Ant zip task to zip the rule project contents into a ruleset.
B. Copy the Rule Designer API library files onto the build machine, write a Java class to call a remotely running Rule Designer to generate the ruleset using the Rule Designer API.
C. Install Rule Designer on the build machine and use the Rule Designer build automation tool to generate the ruleset.
D. Install Rule Designer on the build machine and write a Java class to call the rule engine API.