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NEW QUESTION: 1
What do most customers look for when choosing a suitable telephony solution? (Choose three)
A. It will make employees feel engaged.
B. It will cut call costs.
C. It will work well with existing business processes.
D. It will ensure tie-up with only one vendor.
Answer: A,B,C

NEW QUESTION: 2
An engineer is troubleshooting an IPsec site-to site tunnel and verifies that the tunnel status is MM_WATT_MSG6. What can be determined from this message?
A. The PSK has not been confirmed by the initiator.
B. The encryption policy has not been confirmed by the initiator
C. The PSK has not been confirmed by the responder
D. The encryption policy has no* been confirmed by the responder
Answer: A
Explanation:

NEW QUESTION: 3
[設定]> [共有設定]でポータルユーザーの表示設定を有効にしたところです。これを行う利点は何ですか？
A. コミュニティユーザープロファイルに関する限られた情報は、一般にアクセス可能です。名前、写真、評判レベル、説明
B. コミュニティユーザープロファイルに関する限られた情報は、一般にアクセス可能です。名前、写真、評判レベル、説明
C. コミュニティマネージャーは、組織全体のデフォルトに関係なく、すべてのコミュニティユーザーを表示できます
D. 組織全体のデフォルトに関係なく、同じコミュニティ内のコミュニティユーザーはお互いを見ることができます
E. 同じ顧客またはパートナーのポータルアカウントのポータルユーザーは、組織全体のデフォルトに関係なく、お互いを見ることができます
F. プロファイルでCasesへの書き込みアクセス権を持つすべてのユーザーは、コミュニティメンバーが所有するすべてのCasesを表示できます
Answer: E

NEW QUESTION: 4
Jonathan Weil, CFA, is the managing director of Weil Capital Management (WCM). Weil has decided to reevaluate the asset backed security (ABS) positions in his investors' portfolios since a recent, and severe, credit problem in the subprime lending industry has had ripple effects on other fixed-income markets. Weil expects the interest rate term structure to remain flat, but shift upward as credit terms tighten. Weil has asked one of his analysts, Vanessa Ordon, to assist him in analyzing potential ABS investments, including some products he is unfamiliar with.
Ordon provides an assessment of ABS backed by auto loans, credit card receivables, and closed end home equity loans. Ordon has assembled the following information on the collateral, credit enhancements, and prepayment risk associated with each type of ABS.

Ordon has also assembled the following information on the structure of a closed end home equity loan (HEL) asset backed security. Ordon has presented the security to Weil as a potential investment opportunity, but Weil is concerned about its default and prepayment risks. The HEL ABS does not have a shifting interest mechanism.

Ordon has also developed an assessment of mortgage backed securities (MBS). Ordon has assembled the following information related to a mortgage backed security.
Which of the following best describes the initial reaction of the home equity loan backed ABS Ordon presented to Weil if there is a collateral default of $30 million?
A. The principal value of Tranche E will fall to $49 million.
B. The principal value of Tranche D will fall to $31 million.
C. The principal value of Tranche E will fall to $24 million.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The home equity loan ABS has an internal credit enhancement known as over-collateralization. The principal of the collateral equals $475 million. The principal of the tranches, however, totals only $450 million (180 + 112.5 + 67.5 + 36 + 54). The over-collatcralization feature is included in ABS to protect the tranches from collateral defaults. Thus $25 million of the $30 million default stated in the question would first be absorbed by the extra collateral. This leaves a $5 million default that must be absorbed by one of the tranches. Tranche E has been subordinated to Tranches A - D, a structure known as credit tranching.
Losses resulting from defaults (a credit event) are absorbed by Tranche E first until the principal backing the tranche is exhausted. The remaining $5 million default gets absorbed by Tranche E, reducing the principal to $49 million (54 - 5). (Study Session 15, LOS 56.b,e)