Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Q&A - in .pdf

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NEW QUESTION: 1
What features are available only when you use Business Intelligence and Reporting Tools (BIRT) with Table Reports?
Note: There are 2 correct answers to this question.
A. Simple data extraction
B. Advanced cell level formulas
C. FTPscheduling
D. Printable chart with custom formatting requirements
Answer: B,D

NEW QUESTION: 2
Liquidity management would be a concern for which areas of the bank?
A. Fraud and Security Services
B. Treasury, Collateral and Cash Management
C. Retail product fulfillment
D. Branch Management
Answer: B

NEW QUESTION: 3
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and 57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was 9%, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted average return?
A. -6.325%.
B. -11.00%.
C. -57.50%.
Answer: A
Explanation:
The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return. Here, we get 0.575 * - 0.11 = -6.325%.

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