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NEW QUESTION: 1
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.
The prepayment speed on the home equity loan ABS has been constant at 200 PPC. If the prepayment rate suddenly increased to 350 PPC, which of the following tranches would have the largest contraction?
A. Tranche D.
B. Tranche C.
C. Tranche B.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If the prepayment speed has been a constant 200 PPC (or 200% of the prospectus payment curve), then Tranches A, B, and C have been receiving principal payments as scheduled. This occurs since the prepayment speed falls within the PAC collar. Tranche D is a designated support tranche for the PAC tranches and will absorb excess prepayments in order to maintain the scheduled prepayments for the PAC tranches. This type of structure is known as prepayment tranching (i.e., one or more tranches absorbs faster or slower prepayments to decrease the prepayment risk of other tranches). The PAC II tranche (Tranche C) could potentially absorb a greater amount of prepayments since PAC II tranches also support the PAC I tranches. Since prepayments have been within the initial collar up to this point, however, it is less likely that excess prepayments would be large enough to wipe out Tranche D, thereby forcing Tranche C to absorb excess prepayments. Tranche D will have the greatest contraction since it has no prepayment protection mechanisms in place. (Study Session 15. LOS 56.b,e)
NEW QUESTION: 2
開発チームは、いくつかのAmazonEC2インスタンスで実行されている10個のアプリケーションをプッシュしました。運用チームは、アプリケーションごとに1つの主要なパフォーマンスメトリックのグラフィック表現を求めています。これらのメトリックは、簡単に監視できるように1つの画面で利用できる必要があります。
Amazon CloudWatchを使用してこれを実現するには、開発者はどの手順を実行する必要がありますか?
A. アプリケーションごとに一意のメトリック名を使用してカスタムアラームを作成します。
B. アプリケーションごとに一意のメトリック名を使用してカスタムディメンションを作成します。
C. アプリケーションごとに一意のメトリック名を使用してカスタムイベントを作成します。
D. アプリケーションごとに一意のメトリック名を使用してカスタム名前空間を作成します。
Answer: D
Explanation:
https://aws.amazon.com/premiumsupport/knowledge-center/cloudwatch-custom-metrics/
NEW QUESTION: 3
A network adopts 802.1X to authenticate access users. The admission control device is deployed at the convergence layer. After the deployment is complete, the test-aaa command is used successfully on the admission control device, but the user can't access the network.
Which of the following may be the cause of the fault? (Multiple choices)
A. Layer 2 links are used between access devices and aggregation devices. The 802.1X transparent transmission function is not enabled.
B. The 802.1X function is not enabled on the port on the access device.
C. RADIUS authentication template is not configured on the aggregation layer device.
D. The switch is not added to Agile Controller-Campus as NAS device.
Answer: A,B
NEW QUESTION: 4
Referring to the topology diagram show in the exhibit,
which three statements are correct regarding the BGP routing updates? (Choose three.)
A. The IBGP routing updates received by R3 from R2 will be propagated to the R6 router
B. The EBGP routing updates received by R1 from R5 will be propagated to the R2, R4, and R7 routers
C. The EBGP routing updates received by R3 from R6 will be propagated to the R2 and R4 routers
D. The EBGP routing updates received by R1 from R5 will be propagated to the R2 and R4 routers
E. The IBGP routing updates received by R2 from R1 will be propagated to the R3 router
F. The IBGP routing updates received by R1 from R4 will be propagated to the R5, R7, and R2 routers
Answer: A,B,C
Explanation:
Section: (none)
Explanation/Reference:
Explanation:
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