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NEW QUESTION: 1
Which of the following credit risk models relies upon the analysis of credit rating migrations to assess credit risk?
A. The contingent claims approach
B. KMV's EDF based approach
C. The CreditMetrics approach
D. The actuarial approach
Answer: C
Explanation:
Explanation
The correct answer is Choice 'b'. The following is a brief description of the major approaches available to model credit risk, and the analysis that underlies them:
1. CreditMetrics: based on the credit migration framework. Considers the probability of migration to other credit ratings and the impact of such migrations on portfolio value.
2. CreditPortfolio View: similar to CreditMetrics, but adds the impact of the business cycle to the evaluation.
3. The contingent claims approach: uses option theory by considering a debt as a put option on the assets of the firm.
4. KMV's EDF (expected default frequency) based approach: relies on EDFs and distance to default as a measure of credit risk.
5. CreditRisk+: Also called the 'actuarial approach', considers default as a binary event that either happens or does not happen. This approach does not consider the loss of value from deterioration in credit quality (unless the deterioration implies default).

NEW QUESTION: 2
Which of the following are required for installing VMware Consolidated Backup? Select two.
A. the operating system can Windows or Linux
B. the server must be a physical machine
C. the operating system must be Windows
D. the server can be a physical or a virtual machine
Answer: B,C
Explanation:
VCB will only work on physical machine not on a VM and the requirement OS must be Win2k3 not Linux.

NEW QUESTION: 3
Examine the output of the following query:
SQL> SELECT tablespace_name, tablespace_size, allocated_space, free_space
2 FROM DBA_TEMP_FREE_SPACE;
TABLESPACE_NAME TABLESPACE_SIZE ALLOCATED_SPACE FREE_SPACE
TEMP_L 157286400 144048128 157220864 TEMP 105906176 105906176 0 After some time you executed the same command and observed a different output, as shown below: SQL> SELECT tablespace_name, tablespace_size, allocated_space, free_space 2 FROM DBA_TEMP_FREE_SPACE; TABLESPACE_NAME TABLESPACE_SIZE ALLOCATED_SPACE FREE_SPACE
TEMP_L 131072 65536 65536 TEMP 105906176 105906176 0 Why has the output changed?
A. because the database instance was restarted
B. because the TEMP_L tablespace was shrunk
C. because no sort operations are running currently
D. because checkpoint occurred
Answer: B