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NEW QUESTION: 1
アプリケーションのリリースプロセスワークフローでは、コードを運用環境に展開する前に手動での承認が必要です。
AWS CodePipelineを使用してこれを達成する最良の方法は何ですか？
A. ステージで承認アクションを使用する
B. 展開ステージの直前のステージを無効にします
C. 複数のパイプラインを使用して承認を許可します
D. ステージの移行を無効にして、手動承認を許可します
Answer: A

NEW QUESTION: 2
Dakota Watson and Anthony Smith are bond portfolio managers for Northern Capital Investment Advisors, which is based in the U.S. Northern Capital has $2,000 million under management, with S950 million of that in the bond market. Northern Capital's clients are primarily institutional investors such as insurance companies, foundations, and endowments. Because most clients insist on a margin over the relevant bond benchmark, Watson and Smith actively manage their bond portfolios, while at the same time trying to minimize tracking error.
One of the funds that Northern Capital offers invests in emerging market bonds. An excerpt from its prospectus reveals the following fund objectives and strategies:
"The fund generates a return by constructing a portfolio using all major fixed-income sectors within the Asian region (except Japan) with a bias towards non-government bonds. The fund makes opportunistic investments in both investment grade and high yield bonds. Northern Capital analysts seek those bond issues that are expected to outperform U.S. bonds with similar credit risk, interest rate risk, and liquidity risk-Value is added by finding those bonds that have been overlooked by other developed world bond funds. The fund favors non-dollar, local currency denominated securities to avoid the default risk associated with a lack of hard currency on the part of issuer." Although Northern Capital does examine the availability of excess returns in foreign markets by investing outside the index in these markets, most of its strategies focus on U.S. bonds and spread analysis of them.
Discussing the analysis of spreads in the U.S. bond market, Watson comments on the usefulness of the option adjusted spread and the swap spread and makes the following statements:
Statement 1: Due to changes in the structure of the primary bond market in the U.S., the option adjusted spread is increasingly valuable for analyzing the attractiveness of bond investments.
Statement 2: The advantage of the swap spread framework is that investors can compare the relative attractiveness of fixed-rate and floating-rate bond markets.
Watson's view of the U.S. economy is decidedly bearish. She is concerned that the recent withdrawal of liquidity from the U.S. financial system will result in a U.S. recession, possibly even a depression. She forecasts that interest rates in the U.S. will continue to fall as the demand for loanable funds declines with the lack of business investment. Meanwhile, she believes that the Federal Reserve will continue to keep short-term rates low in order to stimulate the economy. Although she sees the level of yields declining, she believes that the spread on risky securities will increase due to the decline in business prospects. She therefore has reallocated her bond portfolio away from high-yield bonds and towards investment grade bonds.
Smith is less decided about the economy. However, his trading strategy has been quite successful in the past. As an example of his strategy, he recently sold a 20-year AA-rated $50,000 Mahan Corporation bond with a 7.75% coupon that he had purchased at par. With the proceeds, he then bought a newly issued A- rated Quincy Corporation bond that offered an 8.25% coupon. By swapping the first bond for the second bond, he enhanced his annual income, which he considers quite favorable given the declining yields in the market.
Watson has become quite interested in the mortgage market. With the anticipated decline in interest rates, she expects that the yields on mortgages will decline. As a result, she has reallocated the portion of Northern Capital's bond portfolio dedicated to mortgages. She has shifted the holdings from 8.50% coupon mortgages to 7.75% coupon mortgages, reasoning that if interest rates do drop, the lower coupon mortgages will rise in price more than the higher coupon mortgages. She identifies this trade as a structure trade.
Smith is examining the liquidity of three bonds. Their characteristics are listed in the table below:

Regarding the statements made by Watson on the usefulness of the option adjusted spread and the swap spread, are both statements correct?
A. No, both statements are incorrect.
B. No, only statement 2 is correct.
C. Yes.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Statement 1: In the primary bond market in the U.S., there are a declining number of callable and putable bonds being sold. The option adjusted spread accounts for options imbedded in bonds and is therefore becoming less useful for analyzing the attractiveness of bond investments. Thus, Watson is incorrect.
Statement 2: Watson is correct. Swap spread analysis allows a fixed rate bond to be transformed into a floating rate bond, and vice versa. It is therefore useful in comparing the relative attractiveness of fixed-rate and floating-rate bond markets, (Study Session 9, LOS 30.b, e)

NEW QUESTION: 3
A company is using an Amazon CloudFront distribution to distribute both static and dynamic content from a web application running behind an Application Load Balancer. The web application requires user authorization and session tracking for dynamic content. The CloudFront distribution has a single cache behavior configured to forward the Authorization, Host, and User-Agent HTTP whitelist headers and a session cookie to the origin. All other cache behavior settings are set to their default value.
A valid ACM certificate is applied to the CloudFront distribution with a matching CNAME in the distribution settings. The ACM certificate is also applied to the HTTPS listener for the Application Load Balancer. The CloudFront origin protocol policy is set to HTTPS only. Analysis of the cache statistics report shows that the miss rate for this distribution is very high.
What can the Solutions Architect do to improve the cache hit rate for this distribution without causing the SSL/TLS handshake between CloudFront and the Application Load Balancer to fail?
A. Remove the User-Agent and Authorization HTTP headers from the whitelist headers section of the cache behavior. Then update the cache behavior to use presigned cookies for authorization.
B. Create two cache behaviors for static and dynamic content. Remove the User-Agent and Host HTTP headers from the whitelist headers section on both if the cache behaviors. Remove the session cookie from the whitelist cookies section and the Authorization HTTP header from the whitelist headers section for cache behavior configured for static content.
C. Remove the Host HTTP header from the whitelist headers section and remove the session cookie from the whitelist cookies section for the default cache behavior. Enable automatic object compression and use Lambda@Edge viewer request events for user authorization.
D. Create two cache behaviors for static and dynamic content. Remove the User-Agent HTTP header from the whitelist headers section on both of the cache behaviors. Remove the session cookie from the whitelist cookies section and the Authorization HTTP header from the whitelist headers section for cache behavior configured for static content.
Answer: A,D