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NEW QUESTION: 1
In a zero downtime scenario, which command do you run manually after all cluster members are upgraded?
NEW QUESTION: 2
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)
A. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
C. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
NEW QUESTION: 3
Four years ago, at the advice of J.T. Lindseth, her financial planner, T.J. Ali purchased a $1,000 face, 5.70 percent, semi-annual coupon bond with four years to maturity priced to yield 8.50 percent for $906.70.
Now, the bond has matured, and Lindseth calls Ali and informs her that because he had invested the coupons at an annual rate of 10.0 percent, her realized return was approximately:
Time Saving Note:You can answer this question without doing any calculations! Because the coupon reinvestment rate was greater than the original YTM, we would expect the YTM to increase. This narrows down the choices to 8.65% and 10.00%. The rate of 10.00% is an unlikely choice because the coupon payments do not comprise 100% of the return of the bond. Thus, the realized rate will be greater than
8.50%, but less than 10.00%. The only choice that meets this criterion is 8.65%.
For those of you who want to work through the calculations: We first need to calculate the FVcoupon annuity, then calculate the Total Future Value of the Bond, and finally calculate the realized return.
Step 1: Calculate theFVcoupon annuity
Here, FVcoupon annuity= [ (1 + (0.10 / 2)4*2)-1] / [0.10 / 2] * [(1000 * 0.057) / 2]
= [ ( 1.05)8- 1] / 0.05 * 28.5 = 9.549 * 28.5 = $272.15
Alternatively, N = 8, I/Y = 5, PMT = 28.5, PV = 0, Compute FV = -272.15 Step 2: Calculate the Bond's Total Future Value (TFV) TFV = Face Value + FVcoupon annuity= $1,000 + $272.15 = $1,272.15.
Step 3: Calculate the Realized Annual Return
Here, Realized ReturnAnnualized Basis= [ (1,272.15 / 906.70)1/8-1] * 2 = 0.08648, or 8.65%.