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NEW QUESTION: 1
Which of the following refers to a location away from the computer center where document copies and backup media are kept?
A. On-site storage
B. Network attached storage
C. Off-site storage
D. Storage Area network
Answer: C
Explanation:
Off-site storage refers to a location away from the computer center where documents copies and backup media are kept. This storage method is more secure but less convenient and more costly. Answer option D is incorrect. Onsite storage refers to the same location where the work place is. It is considered more convenient but less secure in case of disaster. Answer option C is incorrect. A storage area network (SAN) is an architecture to attach remote computer storage devices (such as disk arrays, tape libraries, and optical jukeboxes) to servers in such a way that the devices appear as locally attached to the operating system. Answer option B is incorrect. Network attached storage (NAS), in contrast to SAN, uses file-based protocols such as NFS or SMB/CIFS where it is clear that the storage is remote, and computers request a portion of an abstract file rather than a disk block.

NEW QUESTION: 2
Vector group a1=(1, 1, 1), a2=(0,2.5), a3=(1.3,6), which of the following options is correct?
A. aHa2+a3=0
B. Linear independence
C. 2a1+a2+a3=0
D. Linear correlation
Answer: D

NEW QUESTION: 3
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:

Which of the following best describes the shortcoming of Smith's strategy?
A. The yields on the Mahan Corporation bond could increase.
B. The liquidity of the Mahan Corporation bond is likely lower.
C. The yields on the Quincy Corporation bond could increase.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Smith is swapping bonds in order to obtain a higher yield. The Quincy Corporation bond has a yield that is
50 basis points higher. This describes a yield/spread pickup trade.
However, notice also that the Quincy Corporation bond has a lower credit rating, which probably accounts for its higher yield. Given its higher credit risk, its yield is mote likely to rise in the future than the yield on the Mahan Corporation bond. If the yield on the Quincy bond does rise, its price will fall.
Smith has failed to evaluate the Quincy bond on a total return basis (i.e., he has not examined the return from both the yield and the potential change in price). If the yield on the Quincy bond rises high enough, irs price could fall such that its total return is lower.
Note that it is probably true that the liquidity of the Mahan bond is lower because the Quincy bond is newly issued and newly issued bonds typically have higher liquidity. However, he has already sold the Mahan bond, so this is not a consideration. (Study Session 9, LOS 30.d)

NEW QUESTION: 4
Click to expand each objective. To connect to the Azure portal, type https://portal.azure.com in the browser address bar.






When you are finished performing all the tasks, click the 'Next' button.
Note that you cannot return to the lab once you click the 'Next' button. Scoring occur in the background while you complete the rest of the exam.
Overview
The following section of the exam is a lab. In this section, you will perform a set of tasks in a live environment. While most functionality will be available to you as it would be in a live environment, some functionality (e.g., copy and paste, ability to navigate to external websites) will not be possible by design.
Scoring is based on the outcome of performing the tasks stated in the lab. In other words, it doesn't matter how you accomplish the task, if you successfully perform it, you will earn credit for that task.
Labs are not timed separately, and this exam may have more than one lab that you must complete. You can use as much time as you would like to complete each lab. But, you should manage your time appropriately to ensure that you are able to complete the lab(s) and all other sections of the exam in the time provided.
Please note that once you submit your work by clicking the Next button within a lab, you will NOT be able to return to the lab.
To start the lab
You may start the lab by clicking the Next button.
You plan to move backup files and documents from an on-premises Windows file server to Azure Storage.
The backup files will be stored as blobs.
You need to create a storage account named corpdata7523690n2. The solution must meet the following requirements:
* Ensure that the documents are accessible via drive mappings from Azure virtual machines that run Windows Server 2016.
* Provide the highest possible redundancy for the documents.
* Minimize storage access costs.
What should you do from the Azure portal?
Answer:
Explanation:
See solution below.
Explanation
Step 1: In the Azure portal, click All services. In the list of resources, type Storage Accounts. As you begin typing, the list filters based on your input. Select Storage Accounts.
Step 2: On the Storage Accounts window that appears, choose Add.
Step 3: Select the subscription in which to create the storage account.
Step 4: Under the Resource group field, select Create New. Create a new Resource

Step 5: Enter a name for your storage account: corpdata7523690n2
Step 6: For Account kind select: General-purpose v2 accounts (recommended for most scenarios) General-purpose v2 accounts is recommended for most scenarios. . General-purpose v2 accounts deliver the lowest per-gigabyte capacity prices for Azure Storage, as well as industry-competitive transaction prices.
Step 7: For replication select: Read-access geo-redundant storage (RA-GRS) Read-access geo-redundant storage (RA-GRS) maximizes availability for your storage account. RA-GRS provides read-only access to the data in the secondary location, in addition to geo-replication across two regions.
References:
https://docs.microsoft.com/en-us/azure/storage/common/storage-quickstart-create-account
https://docs.microsoft.com/en-us/azure/storage/common/storage-account-overview