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- Name: Microsoft Dynamics 365 Business Central Developer
- Exam Code: MB-820
- Certification: MB-820
- Vendor: Microsoft
- Total Question: 630
- Price: 49$
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NEW QUESTION: 1
Which of the following statements concerning the gift or estate tax charitable deduction is (are) correct?
1.A donor is denied a charitable deduction for property that passes to a qualified charity as the result of a qualified disclaimer if the donor original transfer was to a noncharitable donee.
2.A decedent-spouse estate may obtain both marital and charitable deductions for interests contributed to a charitable remainder trust when the surviving spouse is the only noncharitable income beneficiary for life.
A. Neither 1 nor 2
B. 1 only
C. 2 only
D. Both 1 and 2
Answer: C
NEW QUESTION: 2
A. Option C
B. Option B
C. Option D
D. Option A
Answer: D
NEW QUESTION: 3
A risk analyst analyzing the positions for a proprietary trading desk determines that the combined annual variance of the desk's positions is 0.16. The value of the portfolio is $240m. What is the 10-day stand alone VaR in dollars for the desk at a confidence level of 95%? Assume 250 trading days in a year.
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation
The z value at the 95% confidence level is 1.64. Since the variance is 0.16, the annual volatility is 40%.
Therefore the daily volatility is 40% x 10/250 = 8%. The VaR therefore is 8% x 1.64 x $240m = $31,488,000
NEW QUESTION: 4
Risk can be
A. Financial
B. Non-Financial
C. None of the above
D. Both of the above
Answer: D
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