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American Institute of Certified Planners Exam
- Exam Number/Code : AICP
- Exam Name : American Institute of Certified Planners Exam
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
Which of the following statements about refunding and redemption is TRUE?
A. A nonrefundable bond can be redeemed with funds from operations, from a new equity issue, or from a lower coupon issue.
B. A sinking fund is an example of refunding.
C. Callable bonds redeemed at a special redemption price are redeemed at par.
D. An investor concerned about premature redemption is indifferent between a noncallable bond and a nonrefundable bond.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
This statement is true. Bonds redeemed at par are redeemed at the special redemption price. When bonds are called at a premium, the issuer redeems them at a price above par, or the regular or general redemption price.
The other statements are false. A sinking fund is a type of redemption, which refers to the retirement of bonds. An investor concerned about premature redemption would prefer a noncallable bond because a noncallable bond cannot be called for any reason. A nonrefundable bond can be called for any reason other than refunding. The term refunding specifically means redeeming a bond with funds raised from a new bond issued at a lower coupon rate. A nonrefundable bond can be redeemed with funds from operations or a new equity issue. Note: A bond can be both nonrefundable and callable.
NEW QUESTION: 2
SPANの送信元ポートと宛先ポートに関するステートメントを左側から右側の正しいポートタイプにドラッグアンドドロップします
Answer:
Explanation:
NEW QUESTION: 3
Which two processes should minimize changes in project scope during the design and build phases, post sign-off, when using a traditional project methodology? Choose 2 answers
A. Map business requirements to the solution design.
B. Update requirements based on feedback from key stakeholders.
C. Map solution design documents to system test scripts.
D. Obtain customer sign-off on the solution design.
Answer: A,D
NEW QUESTION: 4
Which two statements are true about Key Performance Indicators (KPIs) and Critical Success Factors (CSFs)? (Choose two.)
A. CSFs compare planned and actual performance.
B. KPIs measure outcomes.
C. KPI are the activities which most heavily influence whether performance is strong or weak.
D. CSFs are a cause of a positive or negative result for the company.
Answer: B,D