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NEW QUESTION: 1
What data types are only valid for a generic object field?
There are 2 correct answers to this question. Choose:
A. User
B. String
C. Date
D. Auto Number
Answer: A,D

NEW QUESTION: 2
Donald McKay, CFA, is analyzing a client's fixed income portfolio. As of the end of the last quarter, the portfolio had a market value of $7,545,000 and a portfolio duration of 6.24. McKay is predicting that the yield for ali of the securities in the portfolio will decline by 25 basis points next quarter. Which of the following statements regarding the portfolio's performance next quarter is most accurate?
A. For the expected change in portfolio yield next quarter, the market value of the portfolio will change by approximately 6.24%.
B. If the yield curve has a 50 basis point downward parallel shift next quarter, the portfolio will increase in value by approximately $235,404.
C. The portfolio's ending value after the expected decline in yields will be approximately $7,427,298.
Answer: B

NEW QUESTION: 3
When using WCS 7.0 to calibrate a floor, is it more important to collect 50 or more distinct locations or to collect 150+ measurements?
A. 150+ measurements are more important than the locations because the information gathered is more granular.
B. Collecting 50 or more distinct locations is more important because this provides a wider coverage across the floor being calibrated.
C. When calibrating a floor 50 or more distinct locations will yield 150+ measurements because multiple measurements are collected at each distinct location.
D. Depending on the size of the floor 50+ distinct locations and 150+ measurements may provide divergent information that requires more data collection.
Answer: C