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NEW QUESTION: 1
HOTSPOT


Answer:
Explanation:

NEW QUESTION: 2
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] The price of an 'out-of-the-money' convertible security is affected by:
I. Changes in interest rates
II. Changes in the issuer's credit risk
III. Changes in the issuer's share price
IV. Changes in the implied volatility of the issuer's share price
A. I and II
B. All of the above
C. III and IV
D. I, III and IV
Answer: A
Explanation:
Explanation
An out of the money convertible security behaves just like a regular debt security as the option is near worthless. Therefore it is affected by changes in interest rates and the credit risk of the issuer, and unaffected by changes in the prices or volatility of the issuer's shares (the underlying).

NEW QUESTION: 3
You plan to use Azure SQL Database to support a line of business app.
You need to identify sensitive data that is stored in the database and monitor access to the data.
Which three actions should you recommend? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. Enable Data Discovery and Classification.
B. Implement Transparent Data Encryption (TDE).
C. Enable Auditing.
D. Use Advanced Threat Protection.
E. Run Vulnerability Assessment.
Answer: C,D,E