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NEW QUESTION: 1
The value of which of the following options cannot be less than its intrinsic value
A. a European call
B. an American put
C. a Bermudan put
D. a European put
Answer: B
Explanation:
Explanation
Note that intrinsic value of an option is the difference between the value of the underlying and the strike price of the option.
European options can only be exercised at expiry, and Bermudan options only at certain dates during the life of the option. Therefore the option may be valued at less than intrinsic value if the earliest possible exercise date is not very close. An American option however can be exercised at any time prior to expiry, which means that its value can never fall below its intrinsic value. Because if it did, arbitrageurs would buy the option and immediately exercise it to get a risk free profit. It does not matter whether the option is a call or a put - therefore the correct answer is Choice 'c'.

NEW QUESTION: 2
展示を参照してください。

空白を埋めて、IDが384279060のMeraki組織内のネットワークのリストへのcURLコマンドを完了します。

Answer:
Explanation:
organizations , 384279060 , networks
Explanation
Solution below


NEW QUESTION: 3
Your network contains two servers named Server1 and Server2. Server1 and Server2 run the Server Core
installation of Windows Server 2008 R2.
You need to duplicate the Windows Firewall configurations from Server1 to Server2.
What should you use?
A. the Get-Item and the Set-Item cmdlets
B. the Netsh tool
C. the Get-Service and the Set-Service cmdlets
D. the Sconfig tool
Answer: B


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PSM-II Exam Info

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