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NEW QUESTION: 1
U1980s are interconnected with the carrier PSTN through the PRA protocol.
Which of the following boards enables the interconnection?
A. MTU
B. SMCU
C. OSU
D. DTU
Answer: D

NEW QUESTION: 2
The Wyroman International Pension Fund includes a $65 million fixed-income portfolio managed by Susan Evermore, CFA, of Brighton Investors. Evermore is in the process of constructing a binomial interest-rate tree that generates arbitrage-free values for on-the-run Treasury securities. She plans to use the tree to value more complex bonds with embedded options. She starts out by observing that the yield on a one- year Treasury security is 4.0%. She determines in her initial attempt to price the two-year Treasury security that the value derived from the model is higher than the Treasury security's current market price.
After several iterations Evermore determines that the interest rate tree that correctly values the one and two-year Treasury securities has a rate of 5.0% in the lower node at the end of the first year and a rate of
7.5% in the upper node at the end of the first year. She uses this tree to value a two-year 6% coupon bond with annual coupon payments that is callable in one year at 99.50. She determines that the present value at the end of the first year of the expected value of the bond's remaining cash flows is $98.60 if the interest rate is 7.5% and $100.95 if the interest rate is 5.0%.
Note: Assume Evermore's calculations regarding the two-year 6% callable bond are correct Evermore also uses the same interest rate tree to price a 2-year 6% coupon bond that is putable in one year, and value the embedded put option. She concludes that if the yield volatility decreases unexpectedly, the value of the putable bond will increase and the value of the embedded put option will also increase, assuming all other inputs are unchanged.
Evermore also uses the interest rate tree to estimate the option-adjusted spreads of two additional callable corporate bonds, as shown in the following figure.

Evermore concludes, based on this information, that the A A-rated issue is undervalued, and the BB-rated issue is overvalued.
At a subsequent meeting with the trustees of the fund. Evermore is asked to explain what a binomial interest rate model is and how it was used to estimate effective duration and effective convexity. Evermore is uncertain of the exact methodology because the actual calculations were done by a junior analyst, but she tries to provide the trustees with a reasonably accurate step-by-stcp description of the process:
Step 1: Given the bond's current market price, the on-the-run Treasury yield curve, and an assumption about rate volatility, create a binomial interest rate tree.
Step 2: Add 100 basis points to each of the 1-year rates in the interest rate tree to derive a "modified" tree.
Step 3: Compute the price of the bond if yield increases by 100 basis points using this new tree.
Step 4: Repeat Steps 1 through 3 to determine the bond price that results from a 100 basis point decrease in rates.
Step 5: Use these two price estimates, along with the original market price, to calculate effective duration and effective convexity.
Lucas Davenport, a trustee and university finance professor, immediately speaks up to disagree with Evermore. He claims that a more accurate description of the process is as follows:
Step 1: Given the bond's current market price, the Treasury yield curve, and an assumption about rate volatility, create a binomial interest rate tree and calculate the bond's option-adjusted spread (OAS) using the model.
Step 2: Impose a parallel upward shift in the on-the-run Treasury yield curve of 100 basis points.
Step 3: Build a new binomial interest rate tree using the new Treasury yield curve and the original rate volatility assumption.
Step 4: Add the OAS from Step I to each of the 1-year rates on the tree to derive a "modified" tree.
Step 5: Compute the price of the bond using this new tree.
Step 6: Repeat Steps 1 through 5 to determine the bond price that results from a 100 basis point decrease in rates.
Step 7: Use these two price estimates, along with the original market price, to calculate effective duration and effective convexity.
At the meeting with the trustees. Evermore also presents the results of her analysis of the effect of changing market volatilities on a 1-year convertible bond issued by Highfour Corporation. Each bond is convertible into 25 shares of Highfour common stock. The bond is also callable at 110 at any time prior to maturity. She concludes that the value of the bond will decrease if either (1) the volatility of returns on'Highfour common stock decreases or (2) yield volatility decreases.
Davenport immediately disagrees with her by saying "changes in the volatility of common stock returns will have no effect on the value of the convertible bond, and a decrease in yield volatility will result in an increase in the value of the bond." The value of the 2-year 6% callable bond today using the interest rate tree is closest to:
A. $95.24.
B. $101.01.
C. $102.21.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The bond will be called in the lower node if the interest rate is 5.0% because the present value of the remaining cash flows ($100.95) is greater than the call price ($99.50). The bond will not be called if rates increase to 7.5% in the upper node because the value of the bond ($98.60) is less than the call price ($99.50). The value of the callable bond according to the model is 101.01:

NEW QUESTION: 3
会社は重要なデータをS3バケットに保存します。 S3バケットに追加レベルのセキュリティを確実に追加する必要があります。さらに、プライマリリージョンがダウンした場合に、オブジェクトがセカンダリリージョンで使用可能であることを確認する必要があります。次のうちどれがこれらの要件を満たすのに役立ちますか？以下のオプションから2つの回答を選択してください。以下を選択してください。
A. バケットACLを有効にし、{"Null"の条件を追加します：{"aws：MultiFactorAuthAge"：true}} AWSドキュメントには、MFAを要求するバケットポリシーの追加AmazonS3はMFAで保護されたAPIアクセスをサポートしています。 Amazon S3リソースへのアクセスに多要素認証（MFA）を適用できる機能。多要素認証は、AWS環境に適用できる追加レベルのセキュリティを提供します。これは、有効なMFAコードを提供することにより、ユーザーがMFAデバイスを物理的に所有していることを証明する必要があるセキュリティ機能です。詳細については、AWS Multi-FactorAuthenticationにアクセスしてください。 Amazoiにアクセスするためのリクエストには、MFA認証を要求できます。 S3リソース。
B. バケットのバージョン管理を有効にし、マスターペイを有効にします
C. バケットのバージョン管理を有効にし、CRRも有効にします
D. バケットポリシーに{"Null"の条件を追加します：{"aws：MultiFactorAuthAge"：true}} i
Answer: C,D
Explanation:
You can enforce the MFA authentication requirement using the aws:MultiFactorAuthAge key in a bucket policy. IAM users car access Amazon S3 resources by using temporary credentials issued by the AWS Security Token Service (STS). You provide the MFA code at the time of the STS request.
When Amazon S3 receives a request with MFA authentication, the aws:MultiFactorAuthAge key provides a numeric value indicating how long ago (in seconds) the temporary credential was created. If the temporary credential provided in the request was not created using an MFA device, this key value is null (absent). In a bucket policy, you can add a condition to check this value, as shown in the following example bucket policy. The policy denies any Amazon S3 operation on the /taxdocuments folder in the examplebucket bucket if the request is not MFA authenticated. To learn more about MFA authentication, see Using Multi-Factor Authentication (MFA) in AWS in the IAM User Guide.

Option B is invalid because just enabling bucket versioning will not guarantee replication of objects Option D is invalid because the condition for the bucket policy needs to be set accordingly For more information on example bucket policies, please visit the following URL: * https://docs.aws.amazon.com/AmazonS3/latest/dev/example-bucket-policies.html Also versioning and Cross Region replication can ensure that objects will be available in the destination region in case the primary region fails.
For more information on CRR, please visit the following URL:
https://docs.aws.amazon.com/AmazonS3/latest/dev/crr.html
The correct answers are: Enable bucket versioning and also enable CRR, For the Bucket policy add a condition for {"Null": { "aws:MultiFactorAuthAge": true}} Submit your Feedback/Queries to our Experts

NEW QUESTION: 4
Refer to the exhibit.
Which effect of this configuration is true?
A. For all users, entries in a downloadable ACL are given priority over entries in an AC pair ACL.
B. A downloadable ACL is applied after an AV pair ACL.
C. The downloadable ACL and AV pair ACL are merged immediately when the RADIUS server is activated.
D. The downloadable ACL and AV pair ACL are merged after three connection attempts are made to the RADIUS server.
E. The downloadable ACL and AV pair ACL entries are merged together,one ACE at a time.
Answer: B