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NEW QUESTION: 1
A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. Prices fall the next day to $980. What is the margin call the fund manager faces in respect of daily variation margin ?
A. $7000
B. $1000
C. $0
D. $2000
Answer: D
Explanation:
Explanation
The loss to the fund manager is $20*100 = $2,000. The initial margin placed was $5,000. After the loss is charged to his account, the margin balance is only $3,000 ($5,000 - $2,000). The margin to be maintained is
$5,000. Therefore the margin call is $2,000.
Note that there would have been no margin call till the balance in the margin account had reduced to the
'maintenance' level of $4,000. So if the price had fallen by $5, and the loss had been $500, there would have been no margin call. But when the margin call would be made, it would require the balance to be brought up to the initial margin of $5,000 (and not the maintenance margin of $4,000).

NEW QUESTION: 2
You have created a local ext2 file system on the third partition of your first IDE disk drive.
You want to facilitate easy manual mounting but you DO NOT wish the filesystem to be automatically mounted at a boot. What is the correct /etc/fstab entry?
A. /newfilesystem ext2 /dev/hda3 user 0 1
B. /dev/hda3/newfilesystem ext2 noboot 0 1
C. /dev/hda3/newfilesystem ext2 noauto 0 1
D. /dev/hda3 ext2 /newfilesystem defaults 0 -1
E. /newfilesystem /dev/hda3 ext2 defaults 0 1
Answer: C
Explanation:
/dev/hda3 indicates the 3rd partition on the first IDE hard disk (hda). Ext2 indicates the filesystem type. Noauto means that the filesystem will not be automatically mounted. The first '0' means that the filesystem shouldn't be backed up and the 1 means that the filesystem should be checked for errors when the machine boots.
Reference: http://www.humbug.org.au/talks/fstab/fstab_options.html
Incorrect Answers
A:Noboot is an incorrect option.
B:The syntax of this command (the path of the filesystem) is incorrect.
C:The syntax of this command (the path of the filesystem) is incorrect.
E:The defaults option will use the default fstab options. The default is to automatically mount the filesystem at boot time.

NEW QUESTION: 3

A. Option B
B. Option C
C. Option A
D. Option D
Answer: B