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NEW QUESTION: 1
DRAG DROP
Your network contains an Active Directory domain named contoso.com. All file servers in the domain run Windows Server 2012.
The computer accounts of the file servers are in an organizational unit (OU) named OU1. A Group Policy object (GPO) named GP01 is linked to OU1.
You plan to modify the NTFS permissions for many folders on the file servers by using central access policies.
You need to identify any users who will be denied access to resources that they can currently access once the new permissions are implemented.
In which order should you perform the five actions?
To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

NEW QUESTION: 2
Which of these is a public address space?
A. 197.16.0.0/12
B. 172.16.0.0/12
C. 10.0.0.0/8
D. 192.168.0.0/16
Answer: B

NEW QUESTION: 3
Jean Sims, CFA and Ellie Hayes, CFA are advisors for Eagle Fixed Income Investors. Eagle makes recommendations on bonds, mortgages, and other fixed income investments for wealthy individuals and institutions.
Eagle has a client, Parker Portfolio Managers, which has a large holding of mortgages. Due to a projected decline in the housing market in the United States, the yields on mortgages are expected to increase over the next year. The largest mortgage position for Parker is currently priced at 98.80. Given the projected increase in yields, Sims has calculated an expected price of the mortgage of 95.50 in one year. For the same magnitude of yield change, she projects a price of 101.20 if yields instead fall. Hayes states that Parker should hedge the mortgage by shorting a 10-year Treasury bond futures contract.
Discussing the performance of mortgages in general with Parker officers, Hayes states that they are market directional investments. Hayes's reasoning is that mortgages tend to follow the general direction of the fixed income market, where mortgages should be avoided when interest rates are expected to rise and favored when they are expected to fall.
Commenting on hedging mortgages in general, Sims states that a two Treasury bond futures hedge is usually more effective than a single Treasury bond futures hedge. Furthermore, she states, a mortgage can be hedged dynamically by adjusting the hedge through time, or by buying interest rate options. An option hedge would be used when its implied volatility is low, she states.
Examining the Parker portfolio in more detail, Sims gathers the following details on mortgages they hold.

Later that day Sims and Hayes discuss the appropriate hedging of mortgages and make the following statements:
* Sims: "To hedge the duration exposure of a mortgage and maintain a constant duration, the investor should sell Treasury bond futures when interest rates fall and buy Treasury bond futures when interest rates rise."
* Hayes: "Mortgage investors face model risk where using a poor model increases the investor's risk. For example, if prepayments increase faster than expected, the investor faces greater risk. Unfortunately, there is no easy way to hedge model risk." Examining the properties of principal only (PO) and interest only (10) strips, Sims determines that the key rate durations for a client's PO strip are negative before year 8 but turn positive thereafter. The client's 10 strip has key rate durations that are positive up until year 10 but turn negative thereafter. Overall, the duration is positive for the PO strip and negative for the 10 strip. Sims is examining the effect of a yield curve change on the mortgages. Her assumption is that the short end of the yield curve increases while the Long end of the curve is unchanged.
Are Sims's statements at Parker headquarters regarding hedging mortgages correct?
A. Yes, they are correct.
B. No, the investor would want to sell an interest rate option.
C. No, dynamic hedging is preferred when option implied volatility is low.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Sims is correct. A single Treasury bond futures hedge only hedges a shift in the yield curve and not twists in it (i.e., yield curve risk). A two Treasury bond futures hedge is more effective in hedging yield curve risk.
In a mortgage, the investor has sold the homeowner an interest rate option. The mortgage will decline in value as interest rates become more volatile and the embedded option becomes more valuable. The investor can hedge this volatility risk by buying an option or by dynamically hedging.
The option is preferred when its implied volatility is low and lower than that expected in the future (i.e..
when implied volatility is low. the option will be cheap). Dynamic hedging is preferred when the opposite is true. (Study Session 10, LOS 32.e)

NEW QUESTION: 4
To ensure that payroll systems continue on in an event of a hurricane hitting a data center, what would be the FIRS T crucial step an information security manager would take in ensuring business continuity planning?
A. Conducting a business impact analysis (BIA).
B. Weighing the cost of implementing the plan vs. financial loss.
C. Conducting a qualitative and quantitative risk analysis.
D. Assigning value to the assets.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
BIA is an essential component of an organization's business continuity plan; it includes an exploratory component to reveal any vulnerabilities and a planning component to develop strategies for minimizing risk. It is the first crucial step in business continuity planning. Qualitative and quantitative risk analysis will have been completed to define the dangers to individuals, businesses and government agencies posed by potential natural and human-caused adverse events. Assigning value to assets is part of the BIA process.
Weighing the cost of implementing the plan vs. financial loss is another part of the BIA.