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    NEW QUESTION: 1
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    A. the position with a higher theta
    B. the position with a lower gamma
    C. the position with a higher gamma
    D. both positions would have an identical VaR
    Answer: C
    Explanation:
    Explanation
    The second order approximation of the VaR of an options position is given by [Option delta x Underlying's VaR - Option gamma/2 x (Underlying's VaR)

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    2]. Therefore, a higher gamma reduces VaR and a lower gamma increases VaR. Hence Choice 'b' is the correct answer.

    NEW QUESTION: 2
    Welche der folgenden Optionen sind im Sicherheitsrahmen für das globale System für Mobilkommunikation (GSM) enthalten?
    A. Biometrische Authentifizierung
    B. Public-Key-Infrastruktur (PKI)
    C. Digitale Signaturen
    D. Kryptographie mit symmetrischen Schlüsseln
    Answer: C

    NEW QUESTION: 3
    Which type of networking switch handles both Ethernet and Fiber Channel traffic?
    A. edge
    B. Converged
    C. Virtual
    D. director
    Answer: B

    NEW QUESTION: 4
    展示を参照してください。キャプチャACLの期待される結果を説明するオプションはどれですか?

    A. ソースとしてホストIPが必要なため、キャプチャは適用されません
    B. キャプチャは適用されず、混合ポリシーに関するエラーが表示されます。
    C. キャプチャは適用されますが、キャプチャにパケットが表示されません
    D. キャプチャが適用され、キャプチャ内のパケットを確認できます
    Answer: B
    Explanation:
    Explanation:
    The right answer is B (not A). This is because we need to use the ANY4 key, not ANY.
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