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Pass HP2-H90 Exam Cram

Exam Code: HP2-H90

Exam Name: Selling HP Retail and Hospitality Solutions 2019

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
A zero coupon corporate bond maturing in an year has a probability of default of 5% and yields 12%. The recovery rate is zero. What is the risk free rate?
A. 7.00%
B. 5.26%
C. 6.40%
D. 5.00%
Answer: C
Explanation:
Explanation
The probability of default would make the expected value of the future cash flows from both the corporate bond and the risk free bond identical. If p be the probability of default, the cash flows from the risky corporate bond would be
= (cash flows in the event of default x probability of default) + (cash flows without default x (1 - probability of default))
=> 5%*0 + (1 - 5%)*(1 + 12%) = (1 + Rf).
therefore Rf = 6.4%
(In reality investors would demand a 'credit risk premium' over and above the expected default loss rate. They are unlikely to be happy with just being compensated with exactly the expected default loss rate plus the risk-fre rate because the expected default loss rate itself is uncertain. They would demand some premium over and above what the default rate alone might mathematically imply above the risk free rate. In this question, this credit risk premium is ignored.)

NEW QUESTION: 2
Your company has a main office and a branch office.
A portable computer runs Windows 7. On the computer, you can configure a printer for each office.
You need to configure printing on the computer to meet the following requirements:
When you are located in the main office, all documents must automatically print to the main office

printer.
When you are located in the branch office, all documents must automatically print to the branch office

printer.
What should you do?
A. From Network and Sharing Centre, configure the network location.
B. From Region and Language, modify the Location settings.
C. From Location and Other Sensors, configure a default location.
D. From Devices and Printers, configure the Manage Default Printer settings.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
http://windows.microsoft.com/en-GB/windows7/Automatically-switch-default-printers-between-home-work- orschool

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