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NEW QUESTION: 1
DRAG DROP
Answer:
Explanation:
Explanation:
NEW QUESTION: 2
The CDS quote for the bonds of Bank X is 200 bps. Assuming a recovery rate of 40%, calculate the default hazard rate priced in the CDS quote.
A. 0.80%
B. 2.00%
C. 5.00%
D. 3.33%
Answer: D
Explanation:
Explanation
Hazard rate x Loss given default = CDS quote. In other words, Hazard rate x (1 - recovery rate) = CDS quote.
We can therefore calculate the hazard rate for this problem as 200 bps/(1 - 40%) = 3.33%.
NEW QUESTION: 3
DRAG DROP
Your Microsoft SQL Server database contains tables as shown below.
You have tables that were created by running the following Transact-SQL statements:
The Product table contains 10,000 records. The maximum ProductID is 11,000.
There are 12 rows in the Category table. The maximum CategoryID is 12.
The Product table contains at least one product in every category.
Data in the tables was accidently modified. To correct this, you need to make some updates directly to the tables. You issue several statements.
Which result or results will you obtain for each Transact-SQL statement? To answer, drag the appropriate results to the correct Transact-SQL statements. Each result may be used once. More than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
Answer:
Explanation:
Box 1:
The SET IDENTITY_INSERT command allows explicit values to be inserted into the identity column of a table.
Box 2:
The Product table contains at least one product in every category.
Box 3:
Box 4:
Bit is a data type that can take a value of 1, 0, or NULL.
References:
https://docs.microsoft.com/en-us/sql/t-sql/data-types/bit-transact-sql?view=sql-server-2017
https://docs.microsoft.com/en-us/sql/t-sql/statements/set-identity-insert-transact-sql?view=sql-server-
2017
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