IAM IAM-Certificate Q&A - in .pdf

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  • Exam Code: IAM-Certificate
  • Exam Name: The Institute of Asset Management Certificate
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NEW QUESTION: 1
Bubba purchases 100 shares of XYZ at 78 and, on the same day, writes 1 XYZ October 80 call for a
premium of 4. If the option expires unexercised, what is Bubba's profit on the 100 shares of stock?
A. $400
B. $200
C. $600
D. cannot be determined
Answer: D
Explanation:
cannot be determined. Since Bubba has not yet sold the stock, a profit cannot be determined
on the stock. He has a $400 profit on the option.

NEW QUESTION: 2
If Net Sales are EUR150 and Cost of Goods Sold are EUR100, what is the Gross Profit in %?
A. 33%.
B. 100%.
C. This cannot be determined without knowing Gross Sales.
D. 50%.
Answer: A

NEW QUESTION: 3
There are several servers connected to the Storage Center through Fibre Channel (FC) fabrics using
WWN zoning. The engineer has recently replaced a server's FC HB. This server can no longer connect to
the Storage Center.
What is causing the problem?
A. The server's zone must be updated with the new switch port to which the HBA is connected
B. The server's zone must be updated with the new HBA's WWN.
C. The Storage Center's Fault Domains must be updated with the new HBA WWN
D. The Storage Center Fault Domains must be converted to Virtual Port mode
Answer: B

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