A Hot Spare Is a

question 19

Multiple Choice

A hot spare is a

• A) Single point of failure
• B) Redundant component that can replace a failed component with no downtime
• C) Spare components used to replace failed components as quickly as possible
• D) Popular component purchased when it is on sale

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Definitions:

Risk-Free Rate

The theoretical rate of return on an investment with zero risk, often represented by government bonds.

Call Option

A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time period.

Predetermined Price

A price level set in advance for transactions that will occur under specified conditions.

Specified Period

A particular duration or timeframe set out in a financial agreement or investment term.