Free PDF Quiz APA - FPC-Remote –High Pass-Rate Latest Practice Questions - Sapsam

  • Exam Code: FPC-Remote
  • Exam Name: Fundamental Payroll Certification
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Will owns $400,000 of shares in Company X.
Company X has a daily volatility of 1% of its share price.
Calculate the 28 day value at risk that shows the most Will can expect to lose during a 28 day period.
(Will wishes to be 90% certain that the actual loss in any month will be less than your predicted figure).
Give your answer to the nearest $000.
Answer:
Explanation:
$27

NEW QUESTION: 2
Drag the items on left side to the matching term within the correct project.

Answer:
Explanation:



NEW QUESTION: 3
MBIA, Inc., a municipal bond insuring company, has a bond issue that is selling for $80.05 per $100 of par.
The bond has a coupon rate of 7%, with semiannual payments, and matures in 2025. The current yield on
this bond is:
A. 8.745%.
B. 9.550%.
C. none of the above.
D. 7.000%.
Answer: A
Explanation:
The current yield on this MBIA bond is 8.745%. The current yield is the annual interest
payment of $7 per $100 of par divided by the bond price of $80.05: $7/$80.05 = 8.745%.

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