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NEW QUESTION: 1
Bubba buys one XYZ September 50 call at $7 and sells one XYZ September 60 call at $3. At that time,
XYZ stock is at $55. Bubba has no other stock positions. At what must XYZ trade for Bubba to break
even?
A. $54
B. $60
C. $57
D. $55
Answer: A
Explanation:
$54. Bubba's position is a bullish spread. The breakeven is determined by adding the debit
amount to the lower strike price. The debit amount is $4 ($7 - $3). Adding that to $50 equals $54.

NEW QUESTION: 2
What does the Server-side encryption provide in Amazon S3?
A. Server-side encryption doesn't exist for Amazon S3, but only for Amazon EC2.
B. Server-side encryption allows to upload files using an SSL endpoint for a secure transfer.
C. Server-side encryption provides an encrypted virtual disk in the cloud.
D. Server-side encryption protects data at rest using Amazon S3-managed encryption keys (SSE-S3).
Answer: D
Explanation:
Explanation
Server-side encryption is about protecting data at rest. Server-side encryption with Amazon S3-managed encryption keys (SSE-S3) employs strong multi-factor encryption. Amazon S3 encrypts each object with a unique key. As an additional safeguard, it encrypts the key itself with a master key that it regularly rotates.