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NEW QUESTION: 1
Basis risk between spot and futures prices for stock indices is caused by changes in:
I. The risk free rate, or the funding cost for the futures
II. Expected dividend yield
III. Volatility of the underlying stock index
A. I and II
B. I and III
C. II and III
D. I, II and III
Answer: A
Explanation:
Explanation
Basis risk between spot and futures prices is the risk that the prices of the futures contract will not move in lockstep with the spot prices. Basis risk creates a problem when investors are trying to get exposure to a stock price through a futures contract, or are trying to hedge a position using a futures contract, and over time the prices of these two diverge.
To understand why basis risk arises, we need to think about how futures prices are determined. Futures prices are nothing but the spot prices plus the carrying cost, ie what it would cost for the seller of the contract to buy the spot security and hold it till the time of delivery in the future. During this holing period, the seller of the contract has to pay interest to fund his purchase in the spot market, and also receives and distributions such as dividends. In the case of commodity futures, he may also have to pay storage charges. When determining the futures prices, it is not known with complete certainty as to what the carrying costs will ultimately turn out to be - interest rates may change, dividends may turn out to be more or less, leading to changes in the futures prices without changes in the spot prices. This gives rise to basis risk.
Therefore changes to the risk free rate, which is a proxy for the true funding cost of the futures position and changes in expected dividends creates basis risk. Volatility of the underlying is irrelevant for futures.
Therefore Choice 'b' is the correct answer.
NEW QUESTION: 2
A. Option F
B. Option B
C. Option E
D. Option A
E. Option D
F. Option C
Answer: B,C,E
Explanation:
http://www.cisco.com/en/US/docs/ios/12_2s/feature/guide/fs_glbp2.html
Load Sharing You can configure GLBP in such a way that traffic from LAN clients can be shared by multiple routers, thereby sharing the traffic load more equitably among available routers. Multiple Virtual Routers GLBP supports up to 1024 virtual routers (GLBP groups) on each physical interface of a router, and up to four virtual forwarders per group.
Preemption The redundancy scheme of GLBP enables you to preempt an active virtual gateway with a higher priority backup virtual gateway that has become available. Forwarder preemption works in a similar way, except that forwarder preemption uses weighting instead of priority and is enabled by default.
Authentication You can use a simple text password authentication scheme between GLBP group members to detect configuration errors. A router within a GLBP group with a different authentication string than other routers will be ignored by other group members.
http://www.cisco.com/en/US/docs/switches/datacenter/sw/5_x/nxs/unicast/configuration/guide/l3_glbp.html
GLBP Authentication GLBP has three authentication types: MD5 authentication Plain text authentication No authentication MD5 authentication provides greater security than plain text authentication. MD5 authentication allows each GLBP group member to use a secret key to generate a keyed MD5 hash that is part of the outgoing packet. At the receiving end, a keyed hash of an incoming packet is generated. If the hash within the incoming packet does not match the generated hash, the packet is ignored. The key for the MD5 hash can either be given directly in the configuration using a key string or supplied indirectly through a key chain. You can also choose to use a simple password in plain text to authenticate GLBP packets, or choose no authentication for GLBP.
NEW QUESTION: 3
ソリューションアーキテクチャは、Amazon EC2上で新しいWebアプリケーションを設計しています。システムは、アプリケーションセキュリティイベントなどのアプリケーション固有のメトリックをSysopsチームが利用できるようにする必要があります。
Solutions Architectはこれをどのように設計で可能にすべきですか？
A. アプリケーションインスタンスへのAWS SDKのインストールAWS SDKを使用して機密イベントをAWS CtoudTrailに直接転送するようにアプリケーションを設計します
B. アプリケーションインスタンスにAmazon Inspectorエージェントをインストールするイベントをアプリケーションログファイルに保存するようにアプリケーションを設計する
C. アプリケーションインスタンスにAWS SDKをインストールするアプリケーションを設計してAWS SDKを使用してイベントを直接Amazon S3バケットにトグルする
D. アプリケーションインスタンスにAmazon Cloud Watch Logsエージェントをインストールするイベントをアプリケーションログファイルに格納するようにアプリケーションを設計する
Answer: B
NEW QUESTION: 4
DRAG DROP
You are migrating an existing Exchange Server 2007 organization to Exchange Server 2013. You expect the migration to last several weeks.
The servers in the organization are configured as shown in the following table.
Users who have mailboxes on all of the servers will access Outlook Anywhere by using the mail.contoso.com name.
You need to recommend which servers must be associated to the autodiscover.contoso.com and mail.contoso.com names.
Which servers should you identify for each name?
To answer, drag the appropriate servers to the correct name in the answer area. Each server may be used once, more than once, or not at all. Additionally, you may need to drag the split bar between panes or scroll to view content.
Answer:
Explanation:
