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NEW QUESTION: 1
DSW2のGigabitEthemet1 / 0/1がシャットダウンした場合、ルーターDSW2のVLAN 105 HSRPグループの優先順位値はどうなりますか？
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation
As seen below, the current priority for VLAN 105 is 100, and the tracking feature for Gig 1/0/0 is enabled which will decrement the priority by 10 if this interface goes down for a priority value of 90.
NEW QUESTION: 2
Which of the following is the best way to identify the active ADM in a network?
A. All the ADM are active in a network.
B. There is no way to identify it from the system. The customer has to know based on history of events done in his network.
C. By running the command /opt/dbm/jboss/bin/is_active.sh as dbmrun user on any ADM.
D. By running the command "/etc/init.d/jboss active".
Answer: C
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. I and II
B. II and IV
C. I and IV
D. I, II and IV
Answer: D
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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