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NEW QUESTION: 1
Refer to the exhibit.
Which basic parameters does this configuration apply to the device?
A. interface parameters
B. DNS server parameters
C. remote access parameters
D. global parameters
Answer: D
NEW QUESTION: 2
An advantage of virtualizing servers, databases, and office applications is:
A. Centralized management.
B. Stronger access control.
C. Decentralized management.
D. Providing greater resources to users.
Answer: A
Explanation:
Virtualization consists of allowing one set of hardware to host multiple virtual Machines and in the case of software and applications; one host is all that is required. This makes centralized management a better prospect.
Incorrect Answers:
B. Virtualization does not necessarily mean providing greater resources to users, rather it makes it possible for the company to use fewer resources and spread it over more users.
C. Stronger access control is one aspect of the centralized management dilemma as virtualization may result in privilege escalation.
D. Decentralized management is the exact opposite of what virtualization accomplishes.
References:
Dulaney, Emmett and Chuck Eastton, CompTIA Security+ Study Guide, 6th Edition, Sybex, Indianapolis, 2014, p. 19
NEW QUESTION: 3
Martha Garret, CFA, manages fixed income portfolios for Jones Brothers, Inc. (JBI). JBI has been in the portfolio management business for over 23 years and provides investors with access to actively managed equity and fixed-income portfolios. All of JBI's fixed-income portfolios are constructed using U.S. debt instruments. Garret's primary portfolio responsibilities are the Quasar Fund and the Nova Fund, both of which are long fixed-income portfolios consisting of Treasury securities in all maturity ranges. The Quasar Fund holdings as of March 15 are provided in Exhibit 1. A comparison of key rate durations for the Quasar Fund and Nova Fund is provided in Exhibit 2.
Of particular importance to Garret and her colleagues is the degree of interest rate risk exposure unique to each portfolio under JBI's management. Driving the increased awareness of the portfolios' interest rate exposure is the double digit growth in assets under management that JBI's fixed-income portfolios have experienced in the last five years. Interest in the company's fixed-income portfolios continues to grow and as a result, all portfolio managers are required to attend weekly meetings to discuss key portfolio risk factors. At the last meeting, Miranda Walsh, a principal at JBI, made the following comments:
"The variance of daily interest rate changes has been trending higher over the last three months leading us to believe that a period of high volatility is approaching in the next twelve to eighteen months. However, the reliability is questionable since the volatility estimates were derived using an option pricing model, which assumes constant interest rates."
"Also, the Treasury spot rate curve currently has a similar shape to the yield curve on Treasury coupon securities, which, according to the market segmentation theory of interest rate term structure, indicates a relatively high level of demand from investors for intermediate term securities. Overzealous trading by investors unwilling to move into other maturity ranges may create mispricing and opportunities for arbitrage." After the meeting, Walsh and JBI's other principals met to discuss a new international portfolio opportunity.
At Walsh's suggestion, the principals selected Garret as the lead portfolio manager for the new fund, which will be titled the Atlantic Fund. One of the other portfolio managers, Greg Terry, CFA, suggested to Garret that she utilize the LIBOR swap curve as a benchmark for the Atlantic fund rather than using local government yield curves. Terry justifies his suggestion by claiming that "the lack of government regulation in the swap market makes swap rates and curves directly comparable between different countries despite fewer maturity points with which to construct the curve as compared to a government yield curve.
Furthermore, credit risk in the swap curves of various countries is similar, thus avoiding the complications associated with different levels of sovereign risk embedded in government yield curves." Intrigued by the idea of using the swap curve, Garret has her assistant begin gathering a range of current and forward LIBOR rates.
Which of the following factors would have the most explanatory power for the historical returns of the Quasar Fund? Changes in the:
A. level of interest rates.
B. curvature of the yield curve.
C. slope of the yield curve.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Research conducted by Litterman and Scheinkman indicated that changes in the level of interest rates had the most explanatory power for returns on Treasury securities. Since the Quasar fund is composed of Treasuries of various maturities, Litterman and Scheinkmans research would be applicable. (Study Session 14, LOS 53-b)
NEW QUESTION: 4
Which command structure is used to validate the local control station information?
A. nas commands
B. cel commands
C. cs commands
D. server commands
Answer: C
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