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NEW QUESTION: 1
You are performing storage failover testing on a 2-node FAS2650 cluster named cl01. A Windows Server
2012R2 host has 10 FC LUNs mapped from the cluster. After Cl01-01 takes over Cl01-02, the windows host loses access to all of its LUNs.
Which statement describes what is happening in this scenario?
A. Switch zoning does not exist between the windows initiators and the Cl01-01
B. NPIV is not enabled on the cluster
C. Switch zoning does not exist between the windows initiators and the Cl01-02 targets
D. NPIV is not enabled on the FC switches
Answer: C
NEW QUESTION: 2
William Rogers, a fixed-income portfolio manager, needs to eliminate a large cash position in his portfolio.
He would like to purchase some corporate bonds. Two bonds that he is evaluating are shown in Exhibit I.
These two bonds are from the same issuer, and the current call price for the callable bond is 100. Assume that the issuer will call if the bond price exceeds the call price.
Rogers is also concerned about increases in interest rates and is considering the purchase of a putable bond. He ants to determine how assumed increases or decreases in interest rate volatility affect the value of the straight bonds and bonds with embedded options. After Rogers performs some analysis, he and his supervisor, Sigourney Walters, discuss the relative price movement between the two bonds in Exhibit 1 when interest rates change significantly During the discussions, Rogers makes the following statements:
Statement 1: If the volatility of interest rates decreases, the value of the callable bond will increase.
Statement 2: The noncallable bond will not be affected by a change in the volatility or level of interest rates.
Statement 3: When interest rates decrease, the value of the noncallable bond increases by more than the callable bond.
Statement4: If the volatility of interest rates increases, the value of the putable bond will increase.
Walters mentors Rogers on bond concepts and then asks him to consider the pricing of a third bond. The third bond has five years to maturity, a 6% annual coupon, and pays interest semiannually. The bond is both callable and putable at 100 at any time. Walters indicates that the holders of the bond's embedded options will exercise if the option is in-the-money.
Rogers obtained the prices shown in Exhibit b using software that generates an interest rate lattice. He uses his software to generate the interest rate lattice shown in Exhibit 2.
Exhibit 2: Interest Rate Lattice (Annualized Interest Rates)
For this question only, ignore the information from Exhibit 1 and any other calculations in other questions.
Rather, assume that the interest rate lattice provided in Exhibit 2 is constructed to be arbitrage-free.
However, when Rogers calculates the price of the callable bond using the interest rates in the lattice, he gets a value higher than the market price of the bond.
Is the price of the third callable and putable bond likely to be less than, equal to, or greater than 100%, and is the option-adjusted spread (OAS) on the callable bond likely to be zero, positive, or negative?
Price of third bond OAS of callable bond
A. Less than 100% Zero
B. Equal to 100% Positive
C. Greater than 100% Negative
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In this case, the bond is callable and putable at the same price (100). Since Walters states thai the embedded options (the issuer's call option and the holder's put option) will be exercised if the option has value (i.e., is in-the-money), the value of the bond must be 100 (plus the interest) at all times. Why? If rates fall and the computed value goes above 100, the company will call the issue at 100. Conversely, if rates increase and the computed value goes below 100, the bondholder will "put" the bond back to the issuer for
100.
The OAS is a constant spread added to every interest rate in the tree so that the model price of the bond is equal to the market price of the bond. In this case, using the interest rate lattice, the model price of the callable bond is greater than the market price. Hence, a positive spread must be added to every interest rate in the lattice. When a constant spread is added to all the rates such that the model price is equal to the market price, you have found the OAS. The OAS will be positive for the callable bond. (Study Session 14, LOS 54.g)
NEW QUESTION: 3
Program manager B leaves the program and program manager A takes over the program responsibilities.
Program manager A wants to ensure that all expected benefits of the program are realized.
What is used to assess the program cost/benefit justification?
A. Program charter
B. Program scope statement
C. Benefits management plan
D. Program business case
Answer: B
NEW QUESTION: 4
Microsoft 365管理ポータルを使用して外部アクセスを有効にすると、匿名ユーザーがデータを利用できます。
太字のテキストを確認します。ステートメントが正しい場合は、「変更は必要ありません」を選択します。ステートメントが間違っている場合は、ステートメントが正しい答えの選択肢を選択してください。
A. ユーザーは特定のコンテンツの共有招待状を送信できます
B. 変更する必要はありません。
C. Everyoneグループは、フルコントロールのすべての共有に適用されます
D. Active Directoryフェデレーションサービス（AD FS）を構成する必要があります
Answer: A
Explanation:
説明
参照：
https://docs.microsoft.com/en-us/sharepoint/external-sharing-overview
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