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Answer: B,D

NEW QUESTION: 2
RTP is Real-time Transport Control Protocol: RTP provides end-to-end network transport functions suitable for applications transmitting real-time data, such as audio, video or sim-ulation data, over multicast or unicast network services. ( )
A. TRUE
B. FALSE
Answer: B

NEW QUESTION: 3
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following describes a 'quanto' instrument:
A. any two asset hybrid instrument
B. options on options
C. correlation products
D. any two asset instrument in which one asset is a foreign currency
Answer: D
Explanation:
Explanation
A quanto is any instrument in which one asset is a foreign currency. Examples include any option on a foreign currency asset with the strike price in foreign currency, and an option on a foreign currency asset with the foreign currency risk hedged.
Correlation products refer to credit products on a basket of credits. Options on options represent an option to buy or sell an option in the future, and they are not 'quantos'. Similarly, not every two asset instrument is a quanto unless one of the two assets is a foreign currency.

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E. Work Experience
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