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NEW QUESTION: 1
Refer to the exhibit.
Drag and drop the steps from the left into the correct order of operation on the right for a successful OAuth2 three-legged authorization code grant flow.
Answer:
Explanation:
NEW QUESTION: 2
You are planning to deploy a database to Windows Azure SQL Database.
You need to design a stored procedure to update rows. The stored procedure must meet the following requirements:
* If more than one row is updated, an error must be raised to the application and the update must be discarded.
* The stored procedure must be designed to maximize concurrency.
What should you include in the design? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation
Note:
- Read Committed is SQL Server's default isolation level.
- @@ROWCOUNT eturns the number of rows affected by the last statement.
- Using TRY...CATCH in a transaction
The following example shows how a TRY...CATCH block works inside a transaction.
The statement inside the TRY block generates a constraint violation error.
- Generate a constraint violation error.
NEW QUESTION: 3
NE40E-X3 has a independent fabric board.
A. FALSE
B. TRUE
Answer: A
NEW QUESTION: 4
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.
RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
For RS to change the equity risk of their European stocks, the most appropriate strategy is to:
A. buy 4 equity futures contracts.
B. sell 4 equity futures contracts.
C. buy 21 equity futures contracts.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
(Study Session 15, LOS 42.a)
