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NEW QUESTION: 1
Which of the following statements about interest rate swaps is false?
A. The parties agreeing to swap cash flows are call the counter parties.
B. A plain vanilla interest rate swap is a fixed rate for variable rate swap. The variable rate is usually set at LIBOR flat. The period of time involved in the swap is called the tenor.
C. Notional principal is exchanged at initiation and termination while only net interest rate payments are exchanged on the settlement dates.
D. Swap facilitators are the people who bring the counter parties together.
Answer: C

NEW QUESTION: 2
Which datatype is a synonym for NUMERIC?
A. INTEGER
B. FLOAT
C. Floating point DECIMAL
D. Fixed point DECIMAL
Answer: D

NEW QUESTION: 3
Which of the following is true with respect to a typical RUP iterative lifecycle project?
A. Planning is done incrementally, starting with coarse-grained planning followed by fine-rained planning
B. Planning is done only at the start of each phase
C. Detailed iteration planning is done first
D. Planning is rarely done.
E. Detailed iteration plans must be completed during the Inception phase for the entire project.
Answer: A