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NEW QUESTION: 1
Which network is used for private internal communication, but does not allow external networking access?
A. Fenced network
B. Routed network
C. Isolated network
D. Default network
Answer: A
NEW QUESTION: 2
You have a Microsoft 365 tenant.
Guest users report that they cannot access files cm Microsoft OneNote from Microsoft reams. The guest users can access channels, chats, and conversations.
You need to ensure that the quest users can access the files and OneNote from reams.
for what should you configure external sharing?
A. Microsoft Yammer
B. Microsoft Teams
C. Microsoft SharePoint Online
D. Microsoft OneDrive for Business
Answer: C
NEW QUESTION: 3
Which of the following formulae describes CVA (Credit Valuation Adjustment)? All acronyms have their usual meanings (LGD=Loss Given Default, ENE=Expected Negative Exposure, EE=Expected Exposure, PD=Probability of Default, EPE=Expected Positive Exposure, PFE=Potential Future Exposure)
A. LGD * PFE * PD
B. LGD * EE * PD
C. LGD * EPE * PD
D. LGD * ENE * PD
Answer: C
Explanation:
Explanation
The correct definition of CVA is LGD * EPE * PD. All other answers are incorrect.
CVA reflects the adjustment for counterparty default on derivative and other trading book transactions. This reflects the credit charge, that neeeds to be reduced from the expected value of the transaction to determine its true value. It is calculated as a product of the loss given default, the probability of default and the average weighted exposure of future EPEs across the time horizon for the transaction.
The future exposures need to be discounted to the present, and occasionally the equations for CVA will state that explicitly. Similarly, in some more advanced dynamic models the correlation between EPE and PD is also accounted for. The conceptual ideal though remains the same: CVA=LGD*EPE*PD.
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