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NEW QUESTION: 1
Refer to the exhibit.
Two Dell Networking N2000s connected in stack and one Dell Networking N3000 with out-of-box configuration are connected as shown.
Which additional change must be made for the link aggregation between the switches to become active?
A. Enable the MLAG feature on N2000
B. Configure the N2000 ports with LACP
C. Change the configuration on N3000 to "mode on"
D. Upgrade the connections for 10Gbps
Answer: B
NEW QUESTION: 2
Which of the following statements are true in respect of a fixed income portfolio:
I. A hedge based on portfolio duration is valid only for small changes in interest rates and needs periodic readjusting II. A duration based portfolio hedge can be improved by making a convexity adjustment III. A long position in bonds benefits from the resulting negative convexity IV. A duration based hedge makes the implicit assumption that only parallel shifts in the yield curve are possible
A. I, II and IV
B. I and IV
C. II and IV
D. I and II
Answer: A
Explanation:
Explanation
A hedge based on portfolio duration alone makes the assumption that the price/yield relationship is linear, and ignores the convexity or non-linearity of the price/yield relationship. As prices change beyond small changes, the non-linear effect kicks in, which can be offset by making a convexity adjustment to the hedge. Therefore statements I and II are correct.
Statement III is incorrect - negative convexity has an adverse effect on bond prices regardless of whether prices rise or fall.
Statement IV is correct, a bond hedge based on duration alone may be mismatched along the yield curve (eg, hedging a 10 year maturity bond with a 3 year futures contract, even though of identical total durations), which is based upon the implicit assumption that all rates will move together (ie parallel shifts).
NEW QUESTION: 3
Which three elements may be rebranded for the Enterprise Manager Cloud Control 12c self-service portal login page?
A. Password Box
B. Cloud Provider Brand image
C. Login Box
D. Cloud Tenant text message
E. Login disclaimer
Answer: A,B,D
Explanation:
Section: (none)
