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NEW QUESTION: 1
In mid-September, the stock of Oracle (ORCL) is selling for $25.60 a share. Ms. Hedge owns shares of
Oracle and buys a put option on the stock with a strike price of $27 that expires in October for $2.20 per
optioned share. Just prior to expiration, Oracle's stock is selling for $29. Ms. Hedge should:
A. exercise her option and sell Oracle for $29 a share.
B. exercise her option and buy more shares of Oracle for $27 a share.
C. exercise her option and sell Oracle for $27 a share.
D. let her option expire worthless.
Answer: D
Explanation:
If Ms. Hedge owns a put option on Oracle with a strike price of $27 and Oracle's price is $29
just prior to expiration, she should let her option expire worthless. Her put option gives her the right to sell
Oracle for $27. If she wants to sell her existing shares of Oracle, she is better off doing so on the open
market and receiving $29 a share for them.

NEW QUESTION: 2
Before selecting an HRIS system, which of the following questions should be answered?
A. What information will be converted to the HRIS?
B. All of the above.
C. How will the HRIS be accessed?
D. Who will have access to the information stored in the HRIS?
Answer: B
Explanation:
Answer option C is correct.A needs analysis will provide answers to these questions, as well as whether the HRIS will be integrated with payroll or other systems and what kinds of reports will be produced. See Chapters 2 and 3 for more information. Chapter: Core Knowledge Requirements for HR Professionals Objective: Human Resource Technology

NEW QUESTION: 3
A Power 770 MMD with two CEC enclosures 256GB of memory, and PCIe expansion drawers with SAS disk is being upgraded to a Power E870.
Which of the following is a valid process to leverage the existing client investment and maintain the existing serial number?
A. Remove expansion drawers.
Add EXP24S.
Perform an MES upgrade of the memory and processor to POWER8.
B. Remove expansion drawers.
Perform an MES upgrade of the memory and processor to POWER8.
Migrate disk to the E870 system nodes.
C. Migrate expansion drawers.
Perform an MES upgrade of the memory and processor to POWER8.
D. Migrate expansion drawers.
Migrate disk.
Perform an MES upgrade of the memory and processor to POWER8.
Answer: D
Explanation:
Explanation/Reference:
The following features that are present on the current system can be moved to the new system if they are supported in the Power E870 and E880:
Disks (within an EXP24S I/O drawer)
SSDs (within an EXP24S I/O drawer)
PCIe adapters with cables, line cords, keyboards, and displays
Racks
Doors
EXP24S I/O drawers
For POWER7+ processor-based systems that have the Elastic CoD function enabled, you must reorder the elastic CoD enablement features when placing the upgrade MES order for the new Power E870 or E880 system to keep the elastic CoD function active. To initiate the model upgrade, the on/off enablement features should be removed from the configuration file before the MES order is started. Any temporary use of processors or memory owed to IBM on the existing system must be paid before installing the Power E870 or E880.
References: IBM Power Systems E870 and E880 Technical Overview and Introduction, page 28
http://www.redbooks.ibm.com/redpapers/pdfs/redp5137.pdf