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NEW QUESTION: 1
Which of the following binds a subject name to a public key value?
A. A public-key certificate
B. A private key certificate
C. A secret key infrastructure
D. A public key infrastructure
Answer: D
Explanation:
Remember the term Public-Key Certificate is synonymous with Digital Certificate or Identity certificate.
The certificate itself provides the binding but it is the certificate authority who will go through the Certificate Practice Statements (CPS) actually validating the bindings and vouch for the identity of the owner of the key within the certificate.
As explained in Wikipedia:
In cryptography, a public key certificate (also known as a digital certificate or identity certificate) is an electronic document which uses a digital signature to bind together a public key with an identity
- information such as the name of a person or an organization, their address, and so forth. The certificate can be used to verify that a public key belongs to an individual.
In a typical public key infrastructure (PKI) scheme, the signature will be of a certificate authority (CA). In a web of trust scheme such as PGP or GPG, the signature is of either the user (a self-signed certificate) or other users ("endorsements") by getting people to sign each other keys. In either case, the signatures on a certificate are attestations by the certificate signer that the identity information and the public key belong together. RFC 2828 defines the certification authority (CA) as:
An entity that issues digital certificates (especially X.509 certificates) and vouches for the binding between the data items in a certificate.
An authority trusted by one or more users to create and assign certificates. Optionally, the certification authority may create the user's keys.
X509 Certificate users depend on the validity of information provided by a certificate. Thus, a CA should be someone that certificate users trust, and usually holds an official position created and granted power by a government, a corporation, or some other organization. A CA is responsible for managing the life cycle of certificates and, depending on the type of certificate and the CPS that applies, may be responsible for the life cycle of key pairs associated with the certificates
Source: SHIREY, Robert W., RFC2828: Internet Security Glossary, may 2000. and http://en.wikipedia.org/wiki/Public_key_certificate

NEW QUESTION: 2
How will the Macaulay duration of a 10 year coupon bearing bond change if 10 year zero rates stay the same but the yield curve changes from being flat to upward sloping?
A. Cannot say without more information
B. Will decrease
C. Will increase
D. Will be unaffected
Answer: B
Explanation:
Explanation
Since the 10 year rate has stayed the same, but the curve has gone from being flat to upward sloping, it means the shorter term interest rates have gone down. Recall that Macaulay duration is the PV of the payments received on a bond over its life weighted by the year each payment is received in. Also remember that a bond's current price is nothing but the summation of the different PVs of its various payments. It effectively gives the real average life of the bond - for example if a hypothetical (and impossible) bond derives half of its value from a payment today and the other half from a payment in 10 years, the investor can look at the average as being 5 years (0*50% + 10*50%). That is what is what we are calculating when deriving Macaulay duration.
In this case, a reduction in the near term interest rates increases the PV of the payments received prior to the payment at 10 years. This increases the value of the bond, and also increases the weightage of the earlier payments, decreasing the Macaulay duration (by shifting it closer to now and further behind from the maturity date).

NEW QUESTION: 3
You are a Workspace Owner and the product manager for a snowboard manufacturing company based in Vancouver, Canada.
As product manager for the company's RebelX line, you are responsible for all aspects of production, including managing your supplier relationships. You have a connected channel called #supplier-bindings with one of your suppliers based in Osaka, Japan, and you use this channel to plan shipments of bindings and manage all interactions with this supplier.
Unfortunately, one of the supplier's deliveries has not arrived, and if you don't receive it by next week, your inventory and sales will be negatively affected.
Because of the timezone difference, you need to notify all channel members about the delay so they are aware as soon as possible or tomorrow morning at the start of the business day.
What should you do?
A. Send an @everyone in a message to your workspace-wide #general channel.
B. Direct message your key contact who belongs to the connected channel, so they are directly informed.
C. Send a message that includes an @channel and @here to #supplier-bindings.
D. Send a message that includes an @channel and @everyone to #supplier-bindings.
Answer: B