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NEW QUESTION: 1
What is true about the WITH GRANT OPTION clause?
A. It allows privileges on specified columns of tables.
B. It is used to grant an object privilege on a foreign key column.
C. It allows the grantee to grant object privileges to other users and roles.
D. It is required syntax for object privileges.
E. It allows a grantee DBA privileges.
Answer: C
Explanation:
The GRANT command with the WITH GRANT OPTION clause allows the grantee to grant object privileges to other users and roles.
Incorrect Answers
A:The WITH GRANT OPTION does not allow a grantee DBA privileges.
B:It is not required syntax for object privileges. It is optional clause of GRANT command.
C:GRANT command does not allows privileges on columns of tables.
D:It is not used to grant an object privilege on a foreign key column.
OCP Introduction to Oracle 9i: SQL Exam Guide, Jason Couchman, p. 356-365
Chapter 8: User Access in Oracle
NEW QUESTION: 2
We usually say 720P video format, what does 720 stand for
A. Width of image resolution
B. Image resolution brightness
C. Video
D. Video gray level
Answer: A
NEW QUESTION: 3
Which of the following will have a higher reinvestment risk when compared to a 6% bond issued at par?
Assume all bonds have identical yield to maturity.
I. A coupon bearing bond with a coupon rate of 2%
II. An amortizing bond
III. A coupon bearing bond with a coupon rate of 11%
IV. A zero coupon bond
A. I and III
B. II and III
C. I, II and IV
D. II, III and IV
Answer: B
Explanation:
Explanation
Imagine a bond that provides just two cash flows: $100 in one year and $10 in 10 years. Imagine another bond that pays nothing now but $100 in 10 years. Assume that both have identical yields to maturity. Yet despite the identical YTM, the bonds are quite dissimilar. For the first bond, we face the risk that we would receive the bulk of the present value of the bond in an year's time, and while there is a small amount due in 10 years, the first payment may not find an equally attractive investment opportunity. Reinvestment risk refers to the risk that cash flows from a bond may not be investible at the yield to maturity for the bond. In such cases, bonds that have longer durations are preferable.
A coupon bearing bond with a coupon rate lower than our benchmark bond will carry a lower reinvestment risk as its cash flows are weighted more towards the end. An amortizing bond returns a part of the principle periodically, increasing reinvestment risk. A higher coupon bearing bond will have a higher reinvestment risk, and a zero coupon bond will have the least reinvestment risk.
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