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NEW QUESTION: 1
Which three match statements are valid in Cisco IOS XR Software? (Choose three.)
A. match vpls
B. match port-type
C. match field
D. match flow
E. match qos-group
F. match mpls experimental topmost
Answer: A,E,F

NEW QUESTION: 2
Which of the following trusts is considered invalid by the courts?
A. Pour-Over Trust
B. Purpose Trust
C. Spendthrift Trust
D. Unit Trust
Answer: B

NEW QUESTION: 3
Calculate the net payment due on a fixed-for-floating interest rate swap where the fixed rate is 5% and the floating rate is LIBOR + 100 basis points. Assume reset dates are every six months, LIBOR at the beginning of the reset period is 4.5% and at the end of the period is 3.5%. Notional is $1m.
A. Fixed rate payer receives $2500
B. Fixed rate payer pays $2500
C. No payments need to be exchanged
D. Floating rate payer receives $5000
Answer: A
Explanation:
Explanation
The LIBOR rate to use is the one at the beginning of the period, is 4.5%. The fixed rate payer owes 5%, and the floating rate payer owes 4.5% + 100bps. Thus the fixed rate payer will receive a payment equal to 0.5% for six months on $1m. This works out to $2500.(Recall that a fixed for floating interest rate swap exchanges fixed for floating rate payments, with only the net payment being made by either party.) The LIBOR rate to use is the one at the beginning of the period, is 4.5%. The fixed rate payer owes 5%, and the floating rate payer owes 4.5% + 100bps. Thus the fixed rate payer will receive a payment equal to 0.5% for six months on $1m. This works out to $2500.
(Recall that a fixed for floating interest rate swap exchanges fixed for floating rate payments, with only the net payment being made by either party.)