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NEW QUESTION: 1
보안 프로그램을 업데이트하기 위한 비즈니스 사례를 개발할 때 보안 프로그램 소유자는 다음 중 무엇을 해야합니까?
A. 관련 측정 항목 식별
B. 보안 프로그램을 위한 리소스 확보
C. 실적 테스트 보고서 작성
D. 경영진 인터뷰
Answer: A
NEW QUESTION: 2
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.
RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
Assuming interest rates fall, what is the most likely performance for the CWC International mortgage when hedged with a short position in Treasury bond futures?
A. The return will be the risk-free rate due to the hedge.
B. The return will be high due to the high coupon.
C. The return will be weak due to the hedge.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The CWC International mortgage has a higher coupon rate than newly issued mortgages. As such, it is likely to be called (i.e., homeowners will refinance) when interest rates decline and has negative convexity (just as with any callable bond). If rates decline, the mortgage price rise will be capped at the call price.
The price rise in the mortgage will be less than the loss in the short futures position. Thus, the mortgage and hedge combination would have a weak return if interest rates fall. (Study Session 10, LOS 32.a)
NEW QUESTION: 3
A user has launched an EBS backed instance with EC2-Classic. The user stops and starts the instance. Which of the below mentioned statements is not true with respect to the stop/start action?
A. The volume is preserved
B. The Elastic IP remains associated with the instance
C. The instance may run on a anew host computer
D. The instance gets new private and public IP addresses
Answer: B
Explanation:
A user can always stop/start an EBS backed EC2 instance. When the user stops the instance, it first enters the stopping state, and then the stopped state. AWS does not charge the running cost but charges only for the EBS storage cost. If the instance is running in EC2-Classic, it receives a new private IP address; as the Elastic IP address (EIP. associated with the instance is no longer associated with that instance.
NEW QUESTION: 4
You have been asked to evaluate how EIGRP is functioning in a customer network. Access the device consoles to answer the questions.
Traffic from R1 to R61 s Loopback address is load shared between R1-R2-R4-R6 and R1-R3-R5-R6 paths.
What is the ratio of traffic over each path?
A. 6:8
B. 19:80
C. 1:1
D. 1:5
Answer: B
Explanation:
Explanation
First, find the IP address of the loopback0 interface on R6:
We see that it is 150.1.6.6, so we issue the "show ip route 150.1.6.6" command from R1 and see this:
Notice the "traffic share count" shows 19 for the first path, and 80 for the second path.
What type of route filtering is occurring on R6?
A: Distribute-list using an ACL
B: Distribute-list using a prefix-list
C: Distribute-list using a route-map
D: An ACL using a distance of 255
CorrectAnswer: A
The configuration on R6 is as follows:
This is a standard distribute list using access list number 1.
Which key chain is being used for authentication of EIGRP adjacency between R4 and R2?
A: CISCO
B: EIGRP
C: key
D: MD5
CorrectAnswer: A
R4 and R2 configs are as shown below:
Clearly we see the actual key chain is named CISCO.
What is the advertised distance for the 192.168.46.0 network on R1?
A: 333056
B: 1938688
C: 1810944
D: 307456
CorrectAnswer: C
R1's routing table is as follows
The numbers after the route specify the administrative distance of the route (90 for EIGRP) and the distance metric of that particular route, which is shows as 1810944 for the 192.168.46.0 route.
What percent of R1's interfaces bandwidth is EIGRP allowed to use?
A: 10
B: 20
C: 30
D: 40
CorrectAnswer: B
The relevant configuration of R1 is shown below:
ip bandwidth-percent eigrp 1 20
1 = the EIGRP AS
20 = 20% of the bandwidth
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