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NEW QUESTION: 1
Answer:
Explanation:
Explanation
NEW QUESTION: 2
Your network contains an Active Directory domain named contoso.com. All domain controllers run Windows Server 2012.
The domain contains two organizational units (OUs) named OU1 and OU2 in the root of the domain.
Two Group Policy objects (GPOs) named GPO1 and GPO2 are created. GPO1 is linked to OU1. GPO2 is linked to OU2.
OU1 contains a client computer named Computer1. OU2 contains a user named User1.
You need to ensure that the GPOs applied to Computer1 are applied to User1 when User1 logs on.
What should you configure?
A. GPO links
B. Block Inheritance
C. Item-level targeting
D. Security Filtering
Answer: A
Explanation:
A GPO can be associated (linked) to one or more Active Directory containers, such as a site,
domain, or organizational unit. Multiple containers can be linked to the same GPO, and a single container
can have more than one GPO linked to it. If multiple GPOs are linked to one container, you can prioritize
the order in which GPOs are applied.
Linking GPOs to Active Directory containers enables an administrator to implement Group Policy settings
for a broad or narrow portion of the organization, as required.
NEW QUESTION: 3
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. II and IV
B. I and IV
C. I, II and IV
D. I and II
Answer: C
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).
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