...EXAMPLES OF POSSIBLE MIDTERM QUESTIONS (These are not the actual midterm questions) 1. You would like to speculate on the rise in the price of a certain stock. The current stock price is $87 and a three month call with a strike price of $90 costs $8.70. You have $17,400 to invest. Identify two alternative strategies, one involving stocks, the other involving options. Briefly identify the advantages and disadvantages of each. (10 marks) 2. A US company expects to have to pay GBP sterling 1 million in six months. a. What are the advantages and disadvantages of hedging the exchange rate risk with forward contracts, futures contracts and options. (10 marks) b. If the value of the dollar falls rapidly over the next six months relative to GBP sterling, which one of these three would turn out to be better and best, and why? (10 marks) 3. Annualized U.S. and U.K. spot interest rates for a six-month horizon are 4.5% and 5.5% per annum respectively. The spot foreign exchange rate for converting pound sterling to dollars is $2.00 per pound sterling. What will be the forward exchange rate in dollars/pound for a forward contract maturing six months later? (10 marks) 4. Options Trading Strategies a. Explain how a long stock and long put strategy equals the cash flow from a long call strategy. (5 marks) b. Why is a straddle position considered a speculation on the asset’s volatility? (5 marks) c. Can a butterfly spread ever be constructed to have zero initial premium? Why or why...
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...5 Research Questions for the Term Paper. CIS-512 Andrew Dick Dr. Hamid Gooda 1. The first question of the five is about Advanced Micro Devices (AMD) processors. AMD is known for their processors, however, their line of products that they have stems even further now. In the microprocessors division they have the Athlon variety, X2, K10, X2, AMD Opteron (Miller, 2010), are the specific microprocessors that they have. They also offer servers. The processors of the Opteron are the processors that are available. AMD also offers motherboards to their users as well The AMD Crossfire series are available in this line along with many others. AMD recently acquired a leading video card manufacturer and is promising more advanced video capabilities coded into new versions of their motherboards. It also offers software and memory solutions for businesses. AMD is said to offer the same basic product as Intel, however, at a cheaper price. Intel is established as the market leader in producing motherboards and processing chips for personal computers, and their prices and development have influenced AMD from the start (Miller, 2010), AMD actually produces "clones" of Intel products as well as their own specific line of chips and motherboards as explained above. The AMD Athlon XP processor runs very close to an Intel 4 processor and it is about half the price (Miller, 2010). For example, if a side-by-side comparison is used between the AMD Athlon 64 X2(939) and the Intel Core 2 Extreme...
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...In this section, there is a checklist with blanks for further information about history of taking psychiatric medications. There are questions regarding the client’s history of participation in outpatient services and inpatient hospitalizations. Finally, there is a checklist for family history of psychiatric history with diagnoses listed and then blanks below for further explanation. This section is very thorough and, in my opinion, is easy for clients to fill out. Substance abuse questions take up an entire page with a decent screening that asks the frequency and duration of use of alcohol, ten different substances, and a space for “other.” I think this screening is necessary for identifying substance use/abuse behaviors in order for the practitioner to be aware of these behaviors and possible risks during treatment. The final section of the intake form has seven different topics covered: family background and history, trauma, education, occupation, relationship history and current family, legal status, and spiritual beliefs. In my opinion, these questions are all appropriate for a screening, because as mentioned before, it allows the practitioner to take a holistic approach to treatment. At the very end of the form is about a half page worth of blank space for the client to provide any additional information that they would like...
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...The Cambridge Law Test: Specimen Questions All applicants who sit the test in Cambridge will be asked to answer one question in one hour. Individual Colleges will select, from a centrally-set bank of questions, the particular question or questions which appear on their test papers. Three types of questions will be made available to the Colleges, although most Colleges will use only one of the three types: Essay questions; Problem questions; Comprehension questions. Whichever type of question an applicant is asked to attempt, he or she will not be expected to have any prior knowledge of the law. Please note that the specimen questions provided on this website are intended to indicate, in broad terms, the kinds of question which will be asked; they should not, however, be taken as giving any specific indication of the precise topic areas which will be covered in the Cambridge Law Test. Essay Questions What is an essay question? Essay questions typically ask candidates to consider a statement of opinion and to discuss it, giving reasons for their answer. This may be done by (as in the first question below) asking for discussion of a quotation or (as in the second question) asking a direct question. What are we looking for? Although our essay questions refer to law-related matters, as can be seen from the examples below, that does not mean that we expect, or are looking for, knowledge of the law. Applicants who have studied or are studying law (for example...
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...SCHOOL Trial WACE Examination, 2010 Question/Answer Booklet If required by your examination administrator, please place your student identification label in this box MATHEMATICS 3A/3B(2) Section One: Calculator-free |Student Number: In figures | | | | | | | | | In words Your name Time allowed for this section Reading time before commencing work: 5 minutes Working time for paper: 50 minutes Material required/recommended for this section To be provided by the supervisor This Question/Answer booklet Formula sheet To be provided by the candidate Standard items: pens, pencils, pencil sharpener, eraser, correction fluid, ruler, highlighters Special items: nil Important note to candidates No other items may be used in this section of the examination. It is your responsibility to ensure that you do not have any unauthorised notes or other items of a non-personal nature in the examination room. If you have any unauthorised material with you, hand it to the supervisor before reading any further. Structure of this paper |Section |Number of questions |Number of questions to |Working time (minutes) |Marks available | | |available |be answered | | | |Section One: |7 ...
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...AP/ADMS 4900 Fall 2012 Midterm Information Exam date and location information The mid-term exam for all sections of ADMS4900 is being held on Saturday, October 20th between 1-3 pm. Sections A, D, E, F, G and H will be writing in CLH ‘I’. Students writing the ADMS 3595 exam the same day will write their ADMS 4900 exam in ACW 005 from 11:30 am-1:30 pm that same day (note, you will be required to stay in the exam room until 1:30 pm). Students with legitimate and appropriately documented reasons for missing the scheduled mid-term exam shall be entitled to write a make-up/alternate exam on Wednesday, October 24th between 1:00 pm – 3:00pm. No further extensions shall be granted. For students claiming illness, an Attending Physician’s Statement is required (i.e. a ‘doctor’s note’ is insufficient). You should email your instructor to notify them of your illness by Saturday, October 20th. The statement must be submitted to RM282 by 5pm, Tuesday, October 23. For students with work conflicts, a note from your employer on company letterhead will suffice. The note must be submitted to their instructors no later than October 10th. Students requiring religious accommodations or with confirmed class conflicts must inform their instructor no later than October 10th. Format and coverage information The following information will help you prepare for the exam and will provide other exam particulars. You should also plan on being at the room 15 minutes before the start of the...
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...PRE-EXAM PRACTICE QUESTIONS The following problem questions are from previous exams. Note what is said about Common Errors to Avoid for each of the 4 questions. The first question is the least challenging (it was weighted accordingly). The questions are not in any particular order. SAMPLE 1 Krishnah wanted to purchase a motor cycle. She applied to Pino Motors Pty Ltd (“Pino’s”) who specialised in Forum motor cycles. Krishnah informed the dealer, Zvonko, that she wanted a motor cycle which was capable of high speed and suitable for regular use in motor cycle race meetings. Zvonko recommended a Mark IV Forum motor cycle to satisfy these requirements and showed Krishnah a demonstration model in the showroom. Before placing an order and signing a written contract for a "Mark IV Forum motor cycle”, Krishnah again asked Zvonko whether this particular bike was suited for racing. Zvonko assured her it was and many racing people used this type of bike. She also asked whether these particular bikes would “hold their value, relative to most other bikes”. Zvonko responded saying, “yes, I can almost guarantee they do, based on what I have read about them in some of the industry magazines”. The contract Krishnah signed contained the term, “The parties acknowledge that this contract contains the whole agreement and that no other statements whatever induced the sale.” When Krishnah took delivery of the motor cycle, she discovered that the acceleration was slow and after testing it before and...
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...Access Database Terms Access is a relational database utilizing data organize into various fields and tables that when specific data is asked or sought it is the combined effort of the data, data fields and tables which yield the response to the question posed. In order for access to achieve this, access relies of 5 primary functions or objects as these are called; 1) Tables – store both the data and date fields which will provide the answers to the yet unknown questions. 2) Queries – is the term used for the questions posed, specific queries against the known data fields housed in the tables will yield the desired response. 3) Forms – Are custom documents design the easily move data between tables. 4) Reports – once the questions have been answered a report can be generated in a number of ways and exported to the desired look and feel (format). 5) Macros - Known as the robotic portion of a database, well designed macros will guide the how the requested data points, will interact with each other in order to yield the desire response in the desired report or format. Knowing and understand these terms and functions within each one, is critical to one’s learning curve for Access. Conversely, not knowing or having any familiarity with these terms and related functions will increase one’s learning curve for Access. Keeping to the basics, or establishing a solid foundation to build upon is critical the long term success of any project, regardless or scope, size...
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...your mind. Otherwise these ideas may be blocked (or be unavailable) when the time comes to write the later questions. This will reduce "clutching" or panic (anxiety, actually fear which disrupts thoughts). Set up a time schedule to answer each question and to review/edit all questions ▪ If six questions are to be answered in sixty minutes, allow yourself only seven minutes for each ▪ If questions are "weighted", prioritize that into your time allocation for each question ▪ When the time is up for one question, stop writing, leave space, and begin the next question. The incomplete answers can be completed during the review time ▪ Six incomplete answers will usually receive more credit than three, complete ones Read through the questions once and note if you have any choice in answering questions ▪ Pay attention to how the question is phrased, or to the "directives", or words such as "compare", "contrast", "criticize", etc. See their definitions in "Essay terms" ▪ Answers will come to mind immediately for some questions Before attempting to answer a question, put it in your own words ▪ Now compare your version with the original. Do they mean the same thing? If they don't, you've misread the question. You'll be surprised how often they don't agree. Think before you write: Make a brief outline for each question Number the items in the order you will discuss them ▪ Get right to the point State your main point in the...
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...Based on the results of my experience, 60% of my answers were similar to how the majority of the people chose their answers. I chose objectively for questions that involved factual answers (No Googling!) but I was more influenced by the psychological prospects of the choices in the questions that involved gambling and lottery. I am also more of a risk taker and I think that prompted me to make certain choices which other people would have normally avoided. For example, in questions 7 & 8, I answered the questions objectively because I couldn’t imagine a tree that is taller than either 1200 feet or even 400 feet. Thus, while people would have normally provided their responses based on “anchoring”, and chose that the tallest redwood tree would be more than 400 feet (because they were given the value of 1200 feet in the previous question), I went about it objectively to choose the value of less than 400 feet. For question 9 though, I chose “Kristen is a bank teller and a liberal Democrat” as I was influenced by the representativeness heuristic because the information in the question led me to believe that Kristen’s portrayal was more like that of a conventional liberal Democrat than of a typical banker. So I considered this choice to be more reasonable even though the probability of...
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...effect the economy of the country? * Difference between Fiscal and Moinetary Policy ? * Number of Districts in Your and Nearby States ? Governor, Chief Minsiter and Other Ministers of Your State (Like Education, Tourism Ministers )? * Latest Noble Prize Winners, Padam Awards Winners, Miss India, Miss World Miss Universe Etc. * How is Future growth of commercial banks in India and any hurdles to it ? * Banks VS NBFCs (Non Banking Finance Companies) ? * Questions About Budget 2013 - 14 and current five year plan. * Difference between Cheques, DD, Bill of Exchanges and Certificate of Deposit ? * Direct and Indirect Taxes In India. * Important People of India - Chief of Planning Commission and Election Commission Etc. CM and Governors of All States. * Where you want to see yourself after 5 Years? * Your Strengths and Weakness ? * RBI's Role in Economy. * If you get a better job in Public Sector (IAS/PCS Etc.), will you leave us ? * Important Banking Terms - * GAAR (General Anti - Avoidance Rule) and GST (Goods and Service Tax) * CAR (Capital Adequacy Ratio) * Balance Sheet and NPA ? * BASEL Norms (Basel 1,2,3) * Banking Regulation Act, Money Laundering, Financial Inclusion * SARFAESI ACT...
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...Critical Thinking Assignment Instructions Overview: 1. Answer the following questions in 2 clearly separate parts I, II (500 words). 2. Be sure to answer every question. 3. Meeting the minimum word count as required for each part (I, II) is important. a. Do NOT include the question as part of your word count b. Direct quotations should be short and limited 4. Quotations and material used from other sources should be cited using current APA, MLA, or Turabian formatting (whichever corresponds to your degree program). 5. Check your work for spelling and grammatical errors. 6. Be sure to do your own work, do not plagiarize. I. Part One: (250 words) 1. Select ONE of the worldviews (Secular Humanism, Hinduism, Buddhism, Islam) that have been considered in the course content. 2. Using course content and/or sources outside of the course, complete the following- How would the worldview that you selected answer: i. The Question of Origin - ii. The Question of Identity - iii. The Question of Meaning/Purpose - iv. The Question of Morality - v. The Question of Destiny - * An overview of these questions can be found in chapter 4 of the Weider & Gutierrez text Consider. II. Part Two: (250 words) 3. Compare and contrast your selected worldview’s answers (as given in Part One) to a Biblical/Christian worldview. 4. Do not just copy and paste, but you...
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...Writing Essays 1. Getting started The worst part about writing an essay can be starting the process. Before you rush into doing a pile of reading, you need to be very clear what your essay is about and what you are actually being asked to do. Typical essay questions: a) How do organizations typically manage stress? Critically evaluate the evidence for the effectiveness of stress management. b) Critically assess the extent to which a Conceptual Framework may guide the accounting standard-setting process. c) Identify and analyse significant developments in technology impacting on IMC. Discuss how such developments might affect international marketers and notions of the audience. The important thing to do when you approach an essay is carefully unpacking the essay question. For example, in question (a) above, you are being asked to do two things. First, to describe how organizations manage stress, and then to examine the evidence regarding the effectiveness of stress management. The first part of the essay, therefore, will be fairly descriptive, and you will be looking to read books and journal articles that discuss the ways that organizations manage stress. Don’t rely too heavily on one book or one particular journal article. Try to read as widely possible and make notes as you do so (see handout on reading and note-taking). The second part of the essay is rather more difficult, and it is here that many students fall down and lose marks. The key...
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...PROJECT MANAGEMENT INTERVIEW QUESTIONS (v1.0) Now... imagine you have arrived at the interview with your folio of crisp resumes, references, and work examples... you do have all that stuff, right? You are ushered to the conference room, where you confidently shake hands and greet your interviewer(s.) You take a seat, take one deep breath... and we’re off! “So, tell me about yourself...” “Why did you leave your last job? What have you been doing since?” “What are you looking for in your next job?” “What types of projects have you run? What was the typical size, in terms of resources and budget?” “How do you handle starting up and staffing a new project?” “Have you ever recovered a troubled project?” “What are you most proud of as a project manager? What was your best project?” “How do you estimate and scope work on your projects?” “Tell us how you measure progress and keep your projects on track.” “Do you have a methodology for handling project risks, and an example of a risk you handled?” “What are your greatest strengths as a project manager?” “What are your weaknesses and/or areas you are looking to improve?” “Have you managed people directly? How many? What are your management strategies?” “Tell us about a project issue (i.e. an underperforming team member, or resource conflict) and how you dealt with it?” “Have you managed remote or multi-cultural teams? How did you deal with issues that arose from working with such...
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...Candidate Number For Examiner’s Use Examiner’s Initials Pages Mark General Certificate of Secondary Education Higher Tier January 2013 3 4–5 6–7 Mathematics (Linear) Paper 1 Friday 11 January 2013 9.00 am to 10.30 am 43651H 8–9 10–11 H 12–13 14–15 16–17 18 TOTAL For this paper you must have: l mathematical instruments. You must not use a calculator. Time allowed l 1 hour 30 minutes Instructions l Use black ink or black ball-point pen. Draw diagrams in pencil. l Fill in the boxes at the top of this page. l Answer all questions. l You must answer the questions in the spaces provided. Do not write outside the box around each page or on blank pages. l Do all rough work in this book. Information l The marks for questions are shown in brackets. l The maximum mark for this paper is 70. l The quality of your written communication is specifically assessed in Questions 9 and 13. These questions are indicated with an asterisk (*). l You may ask for more answer paper, tracing paper and graph paper. These must be tagged securely to this answer book. Advice l In all calculations, show clearly how you work out your answer. (JAN1343651H01) WMP/Jan13/43651H 43651H 2 Formulae Sheet: Higher Tier a 1 Area of trapezium = – (a + b)h 2 h b Volume of prism = area of cross-section × length crosssection h lengt 4 Volume of sphere = – π r 3 3 r Surface area of sphere = 4 π r 2 1 Volume of cone = – π r 2 h 3 l r h ...
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