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Understand the Questions and Answers.

NEW QUESTION: 1
A portfolio comprising a long call and a short put option has the same payoff as:
A. a long underlying asset and a long bond position
B. a long underlying asset and a short bond position
C. a short underlying asset and a long bond position
D. a short underlying asset and a short bond position
Answer: B
Explanation:
Explanation
To answer this question, we need to look at the put-call parity, which can be expressed as:
Value of call - Value of put = Spot price - Exercise price discounted to the present or, Value of call - Value of put = Stock - Bond with a future value equal to exercise price Therefore, a long call and a short put is equivalent to a long stock position and a short bond.
Choice 'a' is therefore the correct answer. (Alternatively, we could also have constructed a graph of the payoff profiles to arrive at the same answer).

NEW QUESTION: 2
What is the output of the following code?
$ text= 'This is text';
$ text!= <<'TEXT'
$ text
TEXT;
$ text2 = <<TEXT
$ text!
TEXT;
echo "$text2";
A. $text!
B. This is text
C. $text2
D. $text
Answer: D

NEW QUESTION: 3
When you create a new server profile on the Cisco ESA, which subcommand of the ldapconfig command configures spam quarantine end-user authentication?
A. isqauth
B. test
C. server
D. isqalias
Answer: A

NEW QUESTION: 4
You are designing an ASP.NET Web application in Microsoft Visual Studio 2010.
You plan to deploy the application to multiple branch offices within your company.
Each branch office requires different settings for SQL Server connections.
You need to centrally manage the automatic configuration for each branch deployment.
Which two approaches could you recommend? (Each correct answer presents a complete
solution. Choose two.)
A. Store the connection strings in the database.
B. Use a separate web.config file for each branch office.
C. Use MSDeploy.
D. Use configuration transformations.
Answer: C,D
Explanation:
Microsoft 70-519 : Practice Test