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NEW QUESTION: 1
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following describes a 'quanto' instrument:
A. any two asset instrument in which one asset is a foreign currency
B. options on options
C. any two asset hybrid instrument
D. correlation products
Answer: A
Explanation:
Explanation
A quanto is any instrument in which one asset is a foreign currency. Examples include any option on a foreign currency asset with the strike price in foreign currency, and an option on a foreign currency asset with the foreign currency risk hedged.
Correlation products refer to credit products on a basket of credits. Options on options represent an option to buy or sell an option in the future, and they are not 'quantos'. Similarly, not every two asset instrument is a quanto unless one of the two assets is a foreign currency.
NEW QUESTION: 2
A. Option A
B. Option D
C. Option B
D. Option C
Answer: B
NEW QUESTION: 3
When the SSL proxy inspects the server certificate for Web Filtering only in SSL Handshake mode, which certificate field is being used to determine the site rating?
A. Validity
B. Organization
C. Common Name
D. Serial Number
E. Organizational Unit
Answer: C
NEW QUESTION: 4
The Administrator has created new users for 10 new employees at Universal Containers.
Why are these users unable to access the Account Object in the Salesforce org?
A. Organization-Wide Defaults are set to Private.
B. Users' Roles are low on the Role Hierarchy.
C. Users' Profile requires permission to the Account object.
D. Users' Profile requires a Sharing Rule Accounts.
Answer: C