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NEW QUESTION: 1
Satish Dhawan, a veteran fixed income trader is conducting interviews for the post of a junior fixed income trader. He interviewed four candidates Adam, Balkrishnan, Catherine and Deepak and following are the answers to his questions.
Question 1: Tell something about Option Adjusted Spread
Adam: OAS is applicable only to bond which do not have any options attached to it. It is for the plain bonds.
Balkishna: In bonds with embedded options, AS reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
Catherine: Sincespreads are calculated to know the level of credit risk in the bound, OAS is difference between in the Z spread and price of a call option for a callable bond.
Deepark: For callable bond OAS will be lower than Z Spread.
Question 2: This is a spread that must be added to the benchmark zero rate curve in a parallel shift so that the sum of the risky bond's discounted cash flows equals its current market price. Which Spread I am talking about?
Adam: Z Spread
Balkrishna: Nominal Spread
Catherine: Option Adjusted Spread
Deepark: Asset Swap Spread
Question 3: What do you know about Interpolated spread and yield spread?Adam: Yield spread is the difference between the YTM of a risky bond and the YTM of an on-the-run treasury benchmark bond whose maturity is closest, but not identical to that of risky bond. Interpolated spread is the spread between the YTM of risky bond and the YTM of same maturity treasury benchmark, which is interpolated from the two nearest on-the-run treasury securities.
Balkrishna: Interpolated spread is preferred to yield spread because the latter has the maturity mismatch, which leads to error if the yield curve is not flat and the benchmark security changes over time, leading to inconsistency.
Catherine: Interpolated spread takes account the shape of the benchmark yield curve and therefore better than yield spread.
Deepak: Both Interpolated Spread and Yield Spread rely on YTM which suffers from drawbacks and inconsistencies such as the assumption of flat yield curve and reinvestment at YTM itself.
Then Satish gave following information related to the benchmark YTMs:
Which of the modified statement of Balkrishna will be a correct statement?
A. None of the three.
B. In bonds with embedded options, Z Spread reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
C. In bonds with embedded options, spread reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
D. In bonds with embedded options, Nominal Spread reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
Answer: D
NEW QUESTION: 2
Ihr Netzwerk enthält eine Active Directory-Domäne mit dem Namen contoso.com. Die Domäne enthält fünf Dateiserver, auf denen Windows Server 2016 ausgeführt wird.
Sie haben eine Organisationseinheit (OU) mit dem Namen Finance, die alle Server enthält.
Sie erstellen ein Gruppenrichtlinienobjekt (Group Policy Object, GPO) und verknüpfen das GPO mit der Organisationseinheit Finanzen.
Sie müssen sicherstellen, dass das Ereignis protokolliert wird, wenn ein Benutzer in der Finanzabteilung eine Datei von einem Dateiserver löscht. Die Lösung darf nur Benutzer protokollieren, die ein Managerattribut von Ben Smith haben.
Welche Überwachungsrichtlinieneinstellung sollten Sie im Gruppenrichtlinienobjekt konfigurieren?
A. Andere Kontoanmeldeereignisse überwachen
B. Audit-Dateisystem im Objektzugriff
C. Dateisystem in der globalen Objektzugriffsprüfung
D. Detaillierte Dateifreigabe prüfen
Answer: A
NEW QUESTION: 3
Scenario:
There are two call control systems in this item. The Cisco UCM is controlling the DX650, the Cisco Jabber for Windows Client, and the 9971 Video IP Phone. The Cisco VCS is controlling the SX20, the Cisco TelePresence MCU, and the Cisco Jabber
TelePresence for Windows.
A new DX650 IP phone with MAC address D0C7.8914.132D, IP address is 172.18.32.119 has been added to the Cisco Unified Communications Manager, but is not registering properly. What is causing this failure?
SX20 System information (exhibit):
DX650 Configuration (exhibit):
MRGL (exhibit):
DP (exhibit):
Locations (exhibit):
AARG (exhibit):
CSS (exhibit):
Movi Failure (exhibit):
Movi Settings (exhibit):
A. The DX650 Phones does not support SIP.
B. Device Pool cannot be default.
C. The DX650's MAC address is incorrect in the Cisco UCM.
D. The location Hub_None has not been activated.
E. The DX650 is the incorrect calling search space.
Answer: C