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  • Exam Number/Code : AAPC-CPC
  • Exam Name : American Academy of Professional Coders: Certified Professional Coder
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which of the following shows the scope of a plan?
A. The related product breakdown structure
B. The composition of a Project Product Description
C. The full content of a product checklist
D. All of the project's Configuration Item Records
Answer: A

NEW QUESTION: 2
An investor has a portfolio with a value of $1,000,000 and a beta of 2.5. He believes the portfolio carries more market risk than he desires and wishes to reduce the beta to 1. How many futures contracts should be buy or sell to reduce the beta if the futures contracts have a beta of 1.2 and the notional value of each contract is
$240,000?
A. Sell 5 contracts
B. Buy 4 contracts
C. Buy 1 contracts
D. Sell 9 contracts
Answer: A
Explanation:
Explanation
The investor's needs to sell futures contracts, as his current position is long. He needs to sell ($1,000,000 x (2.5-1)) / ($240,000 x 1.2) = 5.2 contracts, or rounded to 5 contracts.
It is important to note here that the investor wishes to retain a beta of 1, and does not want to get rid of all market exposure.

NEW QUESTION: 3
CORRECT TEXT
What is the definition of confidentiality according to CVSSv3 framework?
Answer:
Explanation:
this metric measures the impact to the confidentiality of the information resources managed by a software component due to a successfully exploited vulnerability.

 

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AAPC-CPC Frenquent Update, Medical Tests Dump AAPC-CPC Collection | Latest AAPC-CPC Practice Questions - Cads-Group


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