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Which are type parameters for a door?
A. Level
B. Height
C. Swing Direction
D. Frame Material
Answer: B,D


A. No
B. Yes
Answer: B
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Hedgehog International has a receivable valued at 500,000 local currency units from its foreign customer
due in 90 days. The current spot rate of the local currency unit is $.60. Hedgehog purchases a put option
to sell the local currency unit in 90 days for $.61 for a premium of $.005. The exchange rate for the local
currency increases to $.63 in 90 days. What will Hedgehog do on the receivable's settlement date?
A. Hedgehog will not exercise the option and sell local currency units collected from its receivable at the
spot rate.
B. Hedgehog will exercise its option and sell the proceeds of its accounts receivable collection under the
provisions of the option contract at a gain.
C. Hedgehog will sell the option at the settlement date and combine its proceeds along with local currency
units purchased at the spot rate to maximize its revenue.
D. Hedgehog will be indifferent as to whether it exercises the option or not.
Answer: A
Choice "b" is correct. Hedgehog will not exercise its option and will, instead convert the local currency
units collected from the receivables to its domestic currency by selling that currency at the spot rate at the
time of collection. The exercise of the option represents a less profitable alternative than sale of the
accounts receivable proceeds at the spot rate at the time the receivables are collected. The exercise of
the option in comparison to allowing the option to expire is computed as follows:

The premium is a sunk cost and is irrelevant to the Explanation: . Note that the premium is a factor in
determining the net gain (loss) but not in deciding whether to exercise option.
Choices "a", "c", and "d" are incorrect, per computation above.

A security administrator is reviewing the following firewall configuration after receiving reports that users are unable to connect to remote websites:

Which of the following is the MOST secure solution the security administrator can implement to fix this issue?
A. Add the following rule to the firewall: 5 PERMIT FROM:ANY TO:ANY PORT:53
B. Insert the following rule in the firewall: 25 PERMIT FROM:ANY TO:ANY PORTS:ANY
C. Remove the following rule from the firewall: 30 DENY FROM:ANY TO:ANY PORT:ANY
D. Replace rule number 10 with the following rule: 10 PERMIT FROM:ANY TO:ANY PORT:22
Answer: D

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