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NEW QUESTION: 1
Which of the following properties binds the forms and reports to a source from which data is to be retrieved?
A. Can Grow
B. ControlSource
C. RecordSource
D. RowSource
Answer: C
Explanation:
The RecordSource property belongs to the form and report objects. This property binds the object to a source from which data is to be retrieved. This source can be a table or a query. When a form or a report is bound to a table or a query, the controls can be bound to a column of the table through the ControlSource property.
Answer C is incorrect. The Can Grow property allows a control to adjust its dimensions according to the contents present in the control. A control grows vertically to adjust its contents so that all the contents can be displayed. The default value of the Can Grow property is false.
Answer B is incorrect. The ControlSource property bounds a control to a field of a table. If a control is bound to a field by using this property, the control is known as a bound control. If the value of this property is blank, the control is known as an unbound control. If the ControlSource property contains an expression, the control is known as a calculated control.
Answer D is incorrect. The RowSource property belongs to the combo box and list box controls. When these controls are bound to a column by the RowSource property, all the data of the column is displayed in the list box or the combo box.

NEW QUESTION: 2
William Rogers, a fixed-income portfolio manager, needs to eliminate a large cash position in his portfolio.
He would like to purchase some corporate bonds. Two bonds that he is evaluating are shown in Exhibit I.
These two bonds are from the same issuer, and the current call price for the callable bond is 100. Assume that the issuer will call if the bond price exceeds the call price.
Rogers is also concerned about increases in interest rates and is considering the purchase of a putable bond. He ants to determine how assumed increases or decreases in interest rate volatility affect the value of the straight bonds and bonds with embedded options. After Rogers performs some analysis, he and his supervisor, Sigourney Walters, discuss the relative price movement between the two bonds in Exhibit 1 when interest rates change significantly During the discussions, Rogers makes the following statements:
Statement 1: If the volatility of interest rates decreases, the value of the callable bond will increase.
Statement 2: The noncallable bond will not be affected by a change in the volatility or level of interest rates.
Statement 3: When interest rates decrease, the value of the noncallable bond increases by more than the callable bond.
Statement4: If the volatility of interest rates increases, the value of the putable bond will increase.
Walters mentors Rogers on bond concepts and then asks him to consider the pricing of a third bond. The third bond has five years to maturity, a 6% annual coupon, and pays interest semiannually. The bond is both callable and putable at 100 at any time. Walters indicates that the holders of the bond's embedded options will exercise if the option is in-the-money.

Rogers obtained the prices shown in Exhibit b using software that generates an interest rate lattice. He uses his software to generate the interest rate lattice shown in Exhibit 2.
Exhibit 2: Interest Rate Lattice (Annualized Interest Rates)

The market value of the embedded call option in Exhibit 1 is closest to:
A. 1.65.
B. 1.79
C. 1.56.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The answer is 1.56 and is found by taking the difference between the value of the callable and the noncallable bonds: Call option value = 99.77 - 98.21 = 1.56. Note: This is an example of a bask question that you should get right! Don't give up these points or lose time by starting a complicated calculation. The question might be as easy as it seems. (Study Session 14, LOS 54.e)

NEW QUESTION: 3
A customer wants to provide network connectivity to a new building on its campus, but does not want to run cables between buildings. You determine that this can be accomplished using mesh services on the WLAN 2300 series network.
Which Access Point model can support this configuration?
A. 0
B. 1
C. 2330-A
D. 2
Answer: A

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