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NEW QUESTION: 1
A 2-step binomial tree is used to value an American put option with strike 104, given that the underlying price is currently 100. At each step the underlying price can move up by 20% or down by 20% and the risk-neutral probability of an up move is 0.55. There are no dividends paid on the underlying and the discretely compounded risk free interest rate over each time step is 2%. What is the value of the option in this model?
A. 12.78
B. 12.49
C. 11.82
D. 12.33
Answer: B
NEW QUESTION: 2
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Answer:
Explanation:
NEW QUESTION: 3
Cisco nexus device configured to use radius. What occurs when local RBAC user account and radius roles exist simultaneously?
A. Rules from local account and radius account are merged
B. Only rules that are in local roles and the radius roles are applied
C. Only rules from local are applied
D. Only rules from Radius are applied
Answer: C
Explanation:
A remotely authenticated user account is any user account that is authenticated through LDAP, RADIUS, or TACACS+. If a user maintains a local user account and a remote user account simultaneously, the roles defined in the local user account override those maintained in the remote user account.
https://www.cisco.com/c/en/us/td/docs/unified_computing/ucs/sw/cli/config/guide/3-
0/b_UCSM_CLI_User_Guide_3_0/b_UCSM_CLI_User_Guide_3_0_chapter_01010.pdf