Construction Specifications Institute CDT Q&A - in .pdf

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  • Exam Name: Construction Documents Technologist
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NEW QUESTION: 1
Jack purchased a new bond of the Candlestick Corporation for its face value of $1,000.The bond has a
coupon rate of 3.5%, makes semiannual interest payments, and matures in fifteen years. A year after
purchasing the bond, Jack needs to sell the bond to offset some major expenses he incurred when his
home caught on fire. Interest rates in the economy at this time have fallen to 3.0%.Given this scenario,
when Jack sells the bond, he can expect to receive which of the following?
A. $965, which is what he paid for the bond less the $35 in interest he received during his year of owning
the bond.
B. exactly what he paid for the bond.
C. less than what he originally paid for the bond.
D. more than what he originally paid for the bond.
Answer: D
Explanation:
Since interest rates in the economy have decreased, Jack can expect to receive more than
what he originally paid for the bond. Bond prices move inversely with interest rate changes, all else equal.

NEW QUESTION: 2

A. Option B
B. Option D
C. Option C
D. Option A
Answer: C

NEW QUESTION: 3
You create a SharePoint solution that contains two Features named Feature1 and Feature2.
You need to ensure that Feature1 is always activated before Feature2. You must achieve this goal by
using the minimum amount of development effort.
What should you do?
A. From Feature1.feature explorer, add Feature2 to the Feature Activation Dependencies list.
B. From Feature2.feature explorer, add Feature1 to the Feature Activation Dependencies list.
C. Create a custom Feature receiver for Feature1.
D. Create a custom Feature receiver for Feature2.
Answer: B
Explanation:
MNEMONIC RULE: "add Feature1 to Feature2.feature explorer"
Activation Dependencies and Scope http://msdn.microsoft.com/en-us/library/aa543162.aspx

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