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NEW QUESTION: 1
A company Chief Information Officer (CIO) who wants to ensure rapid elasticity for the company's cloud
solution would MOST likely choose which of the following types of cloud?
A. Private community cloud
B. Community cloud
C. Private cloud
D. Public cloud
Answer: D
Explanation:
Explanation/Reference:
Reference: http://www.evolveip.net/cloud-elasticity-and-cloud-scalability-are-not-the-same-thing-2

NEW QUESTION: 2
You manage Windows 7 computers in your company.
The company uses a file share to store files. A group currently has permissions to access the share, but not the files in it They need permissions to update and delete files in the share but not to modify the permissions on the files.
You need to grant NTFS permissions to the group by using the standard permissions dialog.
Which permission(s) should you grant the group on the folder?
A. Write
B. Read and Execute
C. Full Control
D. Modify
Answer: D
Explanation:
Ref: http://msdn.microsoft.com/en-us/library/bb727008.aspx

NEW QUESTION: 3
Natalia Berg, CFA, has estimated the key rate durations for several maturities in three of her $25 million bond portfolios, as shown in Exhibit 1.

At a fixed-income conference in London, Berg hears a presentation by a university professor on the increasing use of the swap rate curve as a benchmark instead of the government bond yield curve. When Berg returns from the conference, she realizes she has left her notes from the presentation on the airplane. However, she is very interested in learning more about whether she should consider using the swap rate curve in her work.
As she tries to reconstruct what was said at the conference, she writes down two advantages to using the swap rate curve:
Statement 1: The swap rate curve typically has yield quotes at 11 maturities between 2 and 30 years. The
U.S. government bond yield curve, however, has fewer on-the-run issues trading at maturities of at least two years.
Statement 2: Swap curves across countries are more comparable than government bond curves because they reflect similar levels of credit risk.
Berg also estimates the nominal spread, Z-spread, and option-adjusted spread (OAS) for the Steigers Corporation callable bonds in Portfolio 2. The OAS is estimated from a binomial interest rate tree. The results are shown in Exhibit 2.

Berg determines that to obtain an accurate estimate of the effective duration and effective convexity of a callable bond using a binomial model, the specified change in yield (i.e., Ay) must be equal to the OAS.
Berg also observes that the current Treasury bond yield curve is upward sloping. Based on this observation, Berg forecasts that short-term interest rates will increase.
The most appropriate conclusion to draw from Berg's analysis of the Steigers Corp callable bond is that the bond is relatively:
A. overvalued, because the OAS relative to Steigers' spot rate curve is negative.
B. undervalued, because the nominal spread and Z-spread relative to Steigers' yield curve and spot rate curve, respectively, are positive.
C. undervalued, because the OAS relative to the Treasury spot rate curve is positive.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If the benchmark is Treasuries or a bond sector (with a credit rating higher than the bond we're valuing), any callable corporate bond with an OAS less than or equal to zero is overvalued relative to the benchmark because it must have more credit risk, and most likely more liquidity risk, than the benchmark. If the OAS is positive, the callable bond is undervalued relative to the benchmark only if the OAS is greater than the required OAS. In this question we aren't given the required OAS relative to a Treasury benchmark, so we can't draw any conclusions from the Steigers Corp. callable bond's OAS relative to Treasuries.
If we use an issuer-specific benchmark (assuming relative liquidity risk is zero), the callable bond is undervalued relative to the benchmark if the OAS is positive, fairly valued if the OAS is zero, and overvalued if the OAS is negative. In this question the OAS relative to Steigers" spot rate curve is negative, which means the callable bond is overvalued. (Study Session 14, LOS 54.a,g)

NEW QUESTION: 4
スパニングツリールートブリッジの選択に使用できる2つの条件はどれですか？ （2つ選択してください）
A. 最高のMACアドレス
B. 最高のポート優先度
C. 最小のシステムID
D. 最小のMACアドレス
E. 最低のスイッチ優先度
Answer: D,E