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NEW QUESTION: 1
TFDS allows for
A. dumping of memory and reloading of failed processors
B. detection of and recovery from disk failures
C. formatting and cataloging of disk and tape dumps
D. detection and recovery of transaction failures
Answer: A
NEW QUESTION: 2
Your customer wants to add Flash drives to their VNX array and use them as FAST Cache. They have specified that they want at least 150 GB of actual FAST Cache capacity on each SP. There are no Flash drives in the array and they want to follow EMC best practices on hot spares.
How can this be achieved?
A. Five 100 GB Flash drives
B. Four 200 GB Flash drives
C. Three 200 GB Flash drives
D. Five 200 GB Flash drives
Answer: D
NEW QUESTION: 3
Natalia Berg, CFA, has estimated the key rate durations for several maturities in three of her $25 million bond portfolios, as shown in Exhibit 1.
At a fixed-income conference in London, Berg hears a presentation by a university professor on the increasing use of the swap rate curve as a benchmark instead of the government bond yield curve. When Berg returns from the conference, she realizes she has left her notes from the presentation on the airplane. However, she is very interested in learning more about whether she should consider using the swap rate curve in her work.
As she tries to reconstruct what was said at the conference, she writes down two advantages to using the swap rate curve:
Statement 1: The swap rate curve typically has yield quotes at 11 maturities between 2 and 30 years. The
U.S. government bond yield curve, however, has fewer on-the-run issues trading at maturities of at least two years.
Statement 2: Swap curves across countries are more comparable than government bond curves because they reflect similar levels of credit risk.
Berg also estimates the nominal spread, Z-spread, and option-adjusted spread (OAS) for the Steigers Corporation callable bonds in Portfolio 2. The OAS is estimated from a binomial interest rate tree. The results are shown in Exhibit 2.
Berg determines that to obtain an accurate estimate of the effective duration and effective convexity of a callable bond using a binomial model, the specified change in yield (i.e., Ay) must be equal to the OAS.
Berg also observes that the current Treasury bond yield curve is upward sloping. Based on this observation, Berg forecasts that short-term interest rates will increase.
Are the two observations Berg writes down after the fixed income conference advantages to using the swap rate curve as a benchmark instead of a government bond curve?
A. Only Statement 2 is an advantage.
B. Only Statement 1 is an advantage.
C. Both statements are advantages.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Swap rates are fixed rates on plain-vanilla interest rate swaps. The swap rate curve (also known as the LIBOR curve) is the series of swap rates quoted by swap dealers over maturities extending from 2 to 30 years. Both of Berg's observations are advantages to using the swap rate curve instead of a government bond curve as a benchmark rate curve. (Study Session 14, LOS 53.d)
NEW QUESTION: 4
Many organizations depend on web-based software to run their business processes, conduct transactions and deliver increasingly sophisticated services to customers.
What is a key way that Rational AppScan helps organizations better secure those applications?
A. It provides a run time monitor of web applications to prevent unwanted intrusions.
B. It analyzes network traffic to identify trojan horses, malware, etc.
C. It enables organizations to embed application security testing throughout the development life cycle to help increase visibility and control while employing a risk mitigation strategy.
D. It provides authentication and identification services to ensure that only authorized users can access mission critical applications.
Answer: C
Explanation:
Reference:https://docs.google.com/viewer?a=v&q=cache:G7QOvaeV3BIJ:ftp://public.dhe.ibm.com /common/ssi/ecm/en/rab14001usen/RAB14001USEN_HR.PDF+IBM+rational+appscan+enables+ organizations+to+embed+application+security+testing+throughout+the+development+life+cycle+t o+help+increase+visibility+and+control+while+employing+a+risk+mitigation+strategy&hl=en&gl=p k&pid=bl&srcid=ADGEESib28urstvYcKXGdKlbG0Z56vBa6geUZBlQO3eLSTBAHAyGnlhFAfA1CI_ 9I_GgwHUQbxLFWQbkVpNtusTQkpCitGxIX7jpYkHGjIXVGHOvBq1rLmwV0OGJASccRsBMs8HlU0&sig=AHIEtbRvaAy8axDw64bqNrp_aOCk_R_Ghg&pli=1(page 2, third paragraph on the left column)