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NEW QUESTION: 1
The treasurer of IOK is considering entering into a money market hedge in order to hedge a payable.
Which of the following might be valid explanations for the use of a money market hedge for this purpose?
A. The relevant currency markets are very thinly traded and the treasurer believes that forward contracts are mispriced.
B. There are no forward contracts available for the purchase of the payable currency using IOK's home currency.
C. The timing of the payable does not permit the use of a forward contract.
D. Money market hedges can be unwound whereas positions in derivatives cannot.
E. A money market hedge is easier and less expensive to organise than a future or forward contract.
Answer: A,B,C

NEW QUESTION: 2
Barings failed to recognize that Nick Leeson's losses were increasing because:
A. The margin report sent to London did not show the true margin needs
B. Leeson hid his trades in a suspense account
C. Leeson ran the front office
D. The London office did not ask for any reports
Answer: B

NEW QUESTION: 3
Which Amazon Elastic Compute Cloud feature can you query from within the instance to access instance properties?
A. Amazon Machine Image
B. Instance user data
C. Instance metadata
D. Resource tags
Answer: C