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NEW QUESTION: 1
CORRECT TEXT
You need to access the site for HOWTO's, Guides and mini HOWTO's. Type in the full URL as it would appear in any browser, including the protocol.
Answer:
Explanation:
http://www.tldp.org

NEW QUESTION: 2
Christopher Robinson, chairman of the board of directors for a private endowment fund, believes that the endowment fund for which he is responsible has diverged too far from its stated objectives. Over several years the board has increased the size of the fund's equity position beyond the stated limits of the investment policy statement. In an effort to realign the fund's investments, Robinson has elected to choose a mortgage-backed security (MBS) for inclusion in the endowment's portfolio. After surveying the MBS market, Robinson has selected four MBS securities to present as potential investments at the next investment committee meeting. Details on the selected MBS securities are presented below:

At the investment committee meeting, a fellow board member raises his concerns over the potential MBS investments stating, "While we all agree that the fixed-income proportion of the endowment is much too small, I am not sure the suggested MBS securities will fulfill the cash flow requirements of the endowment.
What risks are we taking on by allocating a portion of the portfolio to these investments? We cannot afford to end up with a timing mismatch between the cash needs of the endowment and the cash provided from its investments. Also, we have given no consideration to commercial mortgage backed securities (CMBS).
Isn't our analysis incomplete if we fail to give proper discussion of potential CMBS investment opportunities?" Robinson responded to his fellow board member by addressing the board member's concerns as follows:
"Since the cash requirements of the endowment fund fluctuate directly with interest rates, the cash flows provided from the MBS will provide adequate protection against cash shortfalls arising from differences in the timing of cash needs and cash sources. In addition, we can further reduce uncertainty surrounding the timing of cash flows by purchasing planned amortization class CMOs, which are securities issued against pools of MBS. CMBS were not presented due to the unacceptable risk profile of the comparable CMBS trading in the marketplace." Determine the single month mortality rate for MBS-X for Month 20 using 200 PSA.
A. 0.0080.
B. 0.0043.
C. 0.0069.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
First find the appropriate CPR by using the following formula: 6%X . In this problem t will equal 20 since this is the month of interest.
The CPRs using 200 PSA is: 6% x x 2.00 = 8.0%.
Then, use the following equation to find the SMM: SMM = 1 - (l-CPR .
The SMM for 200 PSA is: and = 1 -(l -0.08 = 0.0069.
(Study Session l5,LOS 55.c)

NEW QUESTION: 3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section. You will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have a database that tracks orders and deliveries for customers in North America. The database contains the following tables:
Sales.Customers

Application.Cities

Sales.CustomerCategories

Your company is developing a new social application that connects customers to each other based on the distance between their delivery locations.
You need to write a query that returns the nearest customer.
Solution: You run the following Transact-SQL statement:

The variable @custID is set to a valid customer.
Does the solution meet the goal?
A. No
B. Yes
Answer: A