A Bond Portfolio Manager Expects a Cash Inflow of $12,000,000

question 79

Multiple Choice

A bond portfolio manager expects a cash inflow of $12,000,000.The manager plans to hedge potential risk with a Treasury futures contract with a value of $105,215.The conversion factor between the CTD and the bond specified in the Treasury futures contract is 0.85.The duration of bond portfolio is 8 years,and the duration of the CTD bond is 6.5 years.Indicate the number of contracts required and whether the position to be taken is short or long.

• A) 114 contracts short
• B) 114 contracts long
• C) 119 contract short
• D) 119 contracts long
• E) None of the above

Comprehend the principle of natural selection and its application in psychological processes.

Describe the roles and specialty areas within psychology, including counseling, clinical, industrial/organizational, and school psychology.

Understand the steps of the scientific method as applied in psychological research.

Acknowledge the assumption that behavior and mental processes have lawful and explainable causes.

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Definitions:

Huckleberry Finn

A fictional character created by Mark Twain, who is the protagonist in the novel "Adventures of Huckleberry Finn," known for his adventures along the Mississippi River.

Progressive Intellectual Movements

Movements that aim to reform society through advocating for changes in political, cultural, economic, and educational systems to reflect more inclusive, equitable values.

Feminism

A range of political movements, ideologies, and social movements that share a common goal: to define, establish, and achieve political, economic, personal, and social equality of sexes.

Cultural Reeducation

The process of learning or being taught new cultural norms, values, or practices, often in the context of integrating into a different society or correcting misconceptions.