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NEW QUESTION: 1
In June, Bubba bought 100 shares of XYZ at $35. In November, he bought a listed put in XYZ with a $35 strike price and a July expiration for a premium of $600.
If Bubba sells the stock at $45 in July, what is his resulting tax liability for that transaction?
A. a $400 capital loss
B. no liability established until the offsetting option position is closed
C. a $1,000 gain
D. a $400 gain
Answer: C
Explanation:
Explanation/Reference:
Explanation: a $1,000 gain. There is a $1,000 gain on the stock. The option is a separate capital asset.

NEW QUESTION: 2
Which of the following is NOT a characteristic of an Agile approach to software development?
A. Production of a detailed requirements specification.
B. Testing throughout the life cycle.
C. Breaking the development down into phases.
D. Constant user participation in the development process.
Answer: A

NEW QUESTION: 3
User A Calls user. The call gets connected, but the quality is bed. What are two reasons for this issue? (Choose two)
A. Expressway-C provides encryption for Mobile and Remote Access but not for business-to-business communications.
B. The Expressway-C and Expressway-E pair can interconnect H 323-to-SIP calls for voice.
C. Expressway-E provides a VPN entry point for Cisco IP phones with a Cisco AnyConnect client using authentication based on certificates.
D. The Expressway-C and Expressway-E pair can enable connectivity from the corporate network to the PSTN via a T1/E1 trunk.
E. Expressway-E provides a perimeter network that separates the enterprise network from the Internet.
Answer: B,D