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NEW QUESTION: 1
Which file contains information on file at the DB2 level, including all activities and reason for crashes?
A. db2 errorlog file
B. activity log
C. system log file
D. db2diag.x.log
Answer: D
NEW QUESTION: 2
Twitterフィードから感情を抽出するには、？
A. ワトソン自然言語理解
B. ワトソンディスカバリー
C. ワトソンソーシャルテキストAPI
D. ワトソンナレッジスタジオ
Answer: A
NEW QUESTION: 3
A. Option D
B. Option A
C. Option C
D. Option B
Answer: B,C
NEW QUESTION: 4
The yield offered by a bond with 18 months remaining to maturity is 5%. The coupon is 3%, paid semi-annually, and there are two more coupon payments to go in addition to the interest payment made at maturity. The zero rate for 6 months is 2%, that for 12 months is 3%. What is the 18 month zero rate?
A. 5.03%
B. 4.81%
C. 4.03
D. 6.03%
Answer: A
Explanation:
Explanation
This is a two step problem:
First, calculate the bond price using the yield information, then
Second, once you know the bond price, calculate the 18 month zero rate using the bootstrap method.
Step 1: Bond valuation: All variables required for pricing the bond are known. The coupon payments will be
$1.50 in 6 months and 1 year from now, and a final paymento of $101.50 will be received in an year's time.
This can be discounted at the yield provided as follows, and summed together to get the bond price of $97.14.
Step 2: Boot strapping: Discount the 6 month and 12 month coupons at the zero rates for those periods, and subtract the total of these PVs from the bond price. These work out to 1.5/(1+2%/2) = 1.485, and
1.5/(1+3%/2)
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