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NEW QUESTION: 1
Forwarding authentication requests to a centralized server would be the role of which of the following?
(Select TWO).
A. RADIUS
B. TACACS+
C. APNS
D. Multifactor authentication
E. SIEM
Answer: A,B
NEW QUESTION: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section. You will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have a database that tracks orders and deliveries for customers in North America. The database contains the following tables:
Sales.Customers
Application.Cities
Sales.CustomerCategories
The company's development team is designing a customer directory application. The application must list customers by the area code of their phone number. The area code is defined as the first three characters of the phone number.
The main page of the application will be based on an indexed view that contains the area and phone number for all customers.
You need to return the area code from the PhoneNumber field.
Solution: You run the following Transact-SQL statement:
Does the solution meet the goal?
A. No
B. Yes
Answer: A
Explanation:
Explanation/Reference:
Explanation:
We need SELECT TOP 1 @areacode =.. to ensure that only one value is returned.
NEW QUESTION: 3
What is a required step when you deploy dynamic VLAN and ACL assignments?
A. Configure the ACL assignment.
B. Configure the Cisco IOS Software switch for ACL assignment.
C. Configure the VLAN assignment.
D. Configure Cisco IOS Software 802.1X authenticator authorization.
Answer: D
NEW QUESTION: 4
Mary Pierce, CFA, has just joined The James Group as a fixed income security analyst. Pierce has taken over for Katy Williams, who left The James Group to start her own investment firm. Pierce has been reviewing Williams's files, which include data on a number of securities that Williams had been reviewing.
The first file had information on several different asset-backed securities. A summary schedule that Williams had prepared is shown in Exhibit 1.
Exhibit 1: Summary Schedule
The second file included the following schedule of information relating to a specific CMO thai Williams had been considering. Exhibit 2 reflects the results of a Monte Carlo simulation based on 15% volatility of interest rates. This security is stil! available, and Pierce needs to evaluate the investment merit of any or all of the listed tranches.
A third file contained notes Williams had laken at a seminar a couple of months ago on valuing various types of asset-backed and mortgage-backed securities. These notes included the following comments that Pierce found interesting:
"Cash flow yield (CFY) is one method of valuing mortgage-backed securities. An advantage of the CFY is that it does not rely on any specific prepayment assumptions. An important weakness of CFY is the assumption that interim cash flows will be reinvested at the CFY. This is rarely true for mortgage-backed securities."
"Cash flow duration is similar to effective duration, but its weakness is that it fails to fully account for changes in prepayment rates as cash flow yields change. Empirical duration suffers two disadvantages as a measure of interest rate exposure: reliance on theoretical formulas and reliance on historical pricing data that may not exist for many mortgage-backed securities."
"The recent increase in the default rate for subprime adjustable rate mortgages can be traced to the structure of these loans. The negative amortization feature of these loans basically gave the borrower an at-the-money call option on their property. Once the property decreased in value, this call option was worthless, and the borrower had no incentive to make any additional payments." Based on Williams's summary information on asset-backed securities. Pierce has decided to purchase the securities based on the LL Home Equity Loans because these securities offered the highest nominal spread, and therefore the best return. Williams believes the risk of the ABS securities is similar based on their credit ratings. Pierce's purchase decision is:
A. correct, because the LL securities do indeed offer the best return of the securities listed.
B. incorrect, because the nominal spread does not account for the higher prepayment risk of the LL securities.
C. incorrect, because the nominal spread does not account for the longer term of home equity loans relative to auto loans.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The most likely cause of the high relative nominal spread in home equity loan backed securities is the increased risk of prepayments in a declining interest rate environment. The other ABS securities shown would be less subject to prepayment risk, even if yields declined. (Study Session 15, LOS 56.e)
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