Professional-Machine-Learning-Engineer Exam Questions and Answers

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NEW QUESTION: 1
______ are effectively a form of equity.
A. Temporary deferred taxes, not permanent deferred taxes,
B. Permanent deferred taxes, not temporary deferred taxes,
C. Neither temporary deferred taxes nor permanent deferred taxes
Answer: B
Explanation:
When deferred taxes are permanent (not expected to reverse), they effectively serve as a form of equity reserve account.

NEW QUESTION: 2
Merton's theory is ___________
A. about dynamic replication
B. All of the above
C. a link from Arrow-Debreu world to real world
D. Of continuous time finance
Answer: B


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