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NEW QUESTION: 1
Christopher Robinson, chairman of the board of directors for a private endowment fund, believes that the endowment fund for which he is responsible has diverged too far from its stated objectives. Over several years the board has increased the size of the fund's equity position beyond the stated limits of the investment policy statement. In an effort to realign the fund's investments, Robinson has elected to choose a mortgage-backed security (MBS) for inclusion in the endowment's portfolio. After surveying the MBS market, Robinson has selected four MBS securities to present as potential investments at the next investment committee meeting. Details on the selected MBS securities are presented below:

At the investment committee meeting, a fellow board member raises his concerns over the potential MBS investments stating, "While we all agree that the fixed-income proportion of the endowment is much too small, I am not sure the suggested MBS securities will fulfill the cash flow requirements of the endowment.
What risks are we taking on by allocating a portion of the portfolio to these investments? We cannot afford to end up with a timing mismatch between the cash needs of the endowment and the cash provided from its investments. Also, we have given no consideration to commercial mortgage backed securities (CMBS).
Isn't our analysis incomplete if we fail to give proper discussion of potential CMBS investment opportunities?" Robinson responded to his fellow board member by addressing the board member's concerns as follows:
"Since the cash requirements of the endowment fund fluctuate directly with interest rates, the cash flows provided from the MBS will provide adequate protection against cash shortfalls arising from differences in the timing of cash needs and cash sources. In addition, we can further reduce uncertainty surrounding the timing of cash flows by purchasing planned amortization class CMOs, which are securities issued against pools of MBS. CMBS were not presented due to the unacceptable risk profile of the comparable CMBS trading in the marketplace." Determine the single month mortality rate for MBS-X for Month 20 using 200 PSA.
A. 0.0080.
B. 0.0069.
C. 0.0043.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
First find the appropriate CPR by using the following formula: 6%X . In this problem t will equal 20 since this is the month of interest.
The CPRs using 200 PSA is: 6% x x 2.00 = 8.0%.
Then, use the following equation to find the SMM: SMM = 1 - (l-CPR .
The SMM for 200 PSA is: and = 1 -(l -0.08 = 0.0069.
(Study Session l5,LOS 55.c)

NEW QUESTION: 2
Which three options signal a customer need for a new core network infrastructure (including routing)? (Choose three.)
A. operating a single-site office
B. establishing a branch office
C. adequate bandwidth
D. accommodating new services
E. increase in staff levels
F. decreased bandwidth needs
Answer: B,D,E

NEW QUESTION: 3
클라우드로 마이그레이션 할 애플리케이션을 평가하는데 도움이 될 수 있는 것은 무엇입니까? (2 개 선택)
A. AWS Trusted Advisor
B. AWS 시스템 관리자
C. AWS 파트너 네트워크 (APN)
D. AWS 전문 서비스
E. AWS Secrets Manager
Answer: C,D

NEW QUESTION: 4
A development team 'NPR' is developing an application.
The application will be storing its data in Azure Table storage.
Below are the fields that are going to be stored in the table:
- Region
- Email address
- Phone number
The following snippet of code needs to be completed that would beused to insert a batch of records.___________________ will go into Slot1.
A. TableEntity
B. TableQuery
C. TableBatchOperation
D. TableOperation
Answer: C