HPE7-A07 Practice Questions

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NEW QUESTION: 1
Which of the following reflects the pricing convention for currency forwards, where one of the currencies is USD?
A. It can be quoted either way, based on whether the contract is for a short maturity or long
B. Forward forex prices are always quoted as the number of US dollars one unit of the foreign currency can buy
C. Forward forex prices are always quoted as the number of units of the foreign currency that one US dollar can buy
D. It depends upon the currency - futures forex prices follow the same convention as for spot prices
Answer: D
Explanation:
Explanation
Price quotes for futures where one of the currencies is the US dollar follow the convention of using the number of US dollars one unit of the foreign currency can buy. (For JPY, 100 Yen is used.) In the forward market, the same convention as is used in the spot market is used.
In the spot market, prices are expressed as the number of units of the foreign currency that 1 USD can buy, except for GBP, EUR, AUD and NZD where it is the other way round (ie, number of USDs that 1 of each of these currencies can buy).

NEW QUESTION: 2
Consider the following data step:

In filtering the values of the variable X in data set WORK.OLD, what value new value would be assigned to X if its original value was a missing value?
A. X would get a value of 3.
B. This step does not run because of syntax errors.
C. X would retain its original value of missing.
D. X would get a value of 1.
Answer: D

NEW QUESTION: 3
In Amazon Cognito what is a silent push notification?
A. It is a push message that is received by your application on a user's device that will not be seen by the user.
B. It is a push message that is received by your application on a user's device that will return the user's geolocation.
C. It is a push message that is received by your application on a user's device that will not be heard by the user.
D. It is a push message that is received by your application on a user's device that will return the user's authentication credentials.
Answer: A
Explanation:
Explanation
Amazon Cognito uses the Amazon Simple Notification Service (SNS) to send silent push notifications to devices. A silent push notification is a push message that is received by your application on a user's device that will not be seen by the user.
http://aws.amazon.com/cognito/faqs/