How would you delta hedge an ‘at-the-money’ long call option?

Go short of the underlying commodity equal to 50% of the size of the option contract
Go long of the underlying commodity equal to 50% of the size of the option contract
Go long of the underlying commodity equal to the full size of the option contract
Go short of the underlying commodity equal to the full size of the option contract

Answer(s): A

An option contract that gives the buyer the right to exercise the option at several distinct points during its life is called:

Answer(s): C

When considering interest rate risk in the banking book, retail demand deposits without fixed contractual maturity:

should be assumed to have zero duration
should be treated like other instantly variable rate liabilities, such as overnight money market borrowing.
should be assumed to have a low correlation with money market reference rates
represent a minor contributor to interest rate risk and can safely be disregarded

Answer(s): C