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NEW QUESTION: 1
Calculate the fair no-arbitrage spot price of oil if the price of a one year forward is $75, the discrete one year interest rates are 6%, and annual storage costs are $4 per barrel paid at the end of the year.
A. $70.75
B. $74.53
C. $71
D. $66.98
Answer: D
Explanation:
Explanation
If $x be the spot price of oil, then in order for the forward price to be $75, the following relationship must hold: ($x + $4/(1.06))*(1 + 6%) = $75. Solving, we get x = $66.98

NEW QUESTION: 2
You have an Azure Active Directory (Azure AD) tenant named contoso.onmicrosoft.com.
The User administrator role is assigned to a user named Admin1.
An external partner has a Microsoft account that uses the [email protected] sign in.
Admin1 attempts to invite the external partner to sign in to the Azure AD tenant and receives the following error message: "Unable to invite user [email protected] - Generic authorization exception." You need to ensure that Admin1 can invite the external partner to sign in to the Azure AD tenant.
What should you do?
A. From the Organizational relationships blade, add an identity provider.
B. From the Custom domain names blade, add a custom domain.
C. From the Users blade, modify the External collaboration settings.
D. From the Roles and administrators blade, assign the Security administrator role to Admin1.
Answer: C
Explanation:
Explanation
References:
https://techcommunity.microsoft.com/t5/Azure-Active-Directory/Generic-authorization-exception-inviting-Azur

NEW QUESTION: 3

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