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NEW QUESTION: 1
Which of the following are valid Explain operators? (Choose two.)
A. XSCAN
B. COLSCAN
C. SELECT
D. CTQ
E. IXSCAN
Answer: A,E
NEW QUESTION: 2
An administrator previously changed the encapsulation on a synchronous serial line and saved the configuration. Now the administrator wants to restore the encapsulation back to the default. What action can the administrator do to return the interface back to its default encapsulation?
A. Change the encapsulation to ARPA.
B. Configure the interface for HDLC encapsulation.
C. Reboot the router and allow it to reload the configuration.
D. Remove the cable and plug it back in to allow the router to autonegotiate encapsulation settings.
E. Issue the shutdown then no shutdown commands to reset the encapsulation on the interface.
Answer: B
NEW QUESTION: 3
An American importer expects to pay a British supplier 500,000 British pounds in three months. Which of
the following hedges is best for the importer to fix the price in dollars?
A. Buying British pound put options.
B. Selling British pound put options.
C. Selling British pound call options.
D. Buying British pound call options.
Answer: D
Explanation:
Choice "a" is correct. To fix a price in dollars to buy British pounds, British pound call options should be
purchased. Call options would allow, but not require, the purchaser of the call to acquire the currency
(British pounds) for a specified price at or before a specified time in the future. If the price goes down, the
purchaser (the importer) would exercise the options; if not, the purchaser (importer) would buy the British
pounds in the market and let the options expire. British pound futures could also be used, but that was not
one of the choices listed. Choice "b" is incorrect. Buying British pound put options would allow, but not
require, the purchaser of the put to sell the currency for a specified price at a specified time in the future.
Since the importer needs British pounds, buying put options would not work. The importer needs to end
up with British pounds. Choice "c" is incorrect. Selling British pound put options would not work. The
importer needs to end up with British pounds. Selling put options could work, but the option would be
exercised, or not, by the purchaser and not by the importer. If the options were not exercised, the importer
could end up with nothing (other than the option premium). Choice "d" is incorrect. Selling British pound
call options would not work. The importer needs to end up with British pounds; if call options are sold, the
other party can exercise the options or let them expire, and if the options were exercised, the importer
would have to supply the British pounds. This answer is backwards.
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