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NEW QUESTION: 1
What needs to be considered before performing the discovery activity in a cloud?
A. Impact on service catalog
B. Terms of service contract
C. Impact on workflow structure
D. Frequency of information collection
Answer: D
NEW QUESTION: 2
An integrator needs to capture hardware and operating system configuration information, and to record critical information for documentation and disaster recovery.
Which tool should an integrator use?
A. Smart Update Manager
B. Active Health Log
C. HPE OneView
D. Insight Diagnostics
Answer: D
Explanation:
Insight Diagnostics Online Edition is aweb-based application that captures hardware and operating system configuration information, records critical information for documentation and disaster recovery, and compares historical configurations on the same server or a baseline server.
NEW QUESTION: 3
Kwagmyre Investments, Ltd., hold two bonds: a callable bond issued by Mudd Manufacturing Inc. and a putable bond issued by Precarious Builders. Both bonds have option adjusted spreads (OAS) of 135 basis points (bp). Kevin Grisly, a junior analyst at the firm, makes the following statements (each statement is independent). Apparently, Grisly could benefit from a CFA review course, because the only statement that could be CORRECT is:
A. The Z-spread for Mudd's bond is based on the YTM.
B. The spread over the spot rates for a Treasury security similar to Mudd's bond is 145 bp.
C. Given a nominal spread for Precarious Builders of 110 bp, the option cost is -25 bp.
D. The cost of the call option on the Mudd bond is -15bp.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The "spread over the spot rates for a Treasury security similar to Mudd's bond" refers to the Z-spread on the bond.For a callable bond, the OAS < Z-spread, so this could be a true statement because 135bp < 145 bp.
The other statements are false. The option cost is calculated using the OAS and theZ-spread,not the nominal spread. The cost of the call option should be positive.(The issuer has to compensate for increased uncertainty from the call option.) The static spread (or Z-spread)is the spread over each of the spot rates in a given Treasury term structure,not the spread over the Treasury's YTM.
Following is a more detailed discussion:
The option-adjusted spread(OAS) is used when a bond has embedded options. The OAS can be thought of as the difference between the static or Z-spread and the option cost. For the exam, remember the following relationship between the static spread (Z-spread), the OAS, and the embedded option cost:
Z Spread - OAS = Option Cost in % terms
Remember the following option value relationships:
NEW QUESTION: 4
Which of the following statements is false?
A. The bottom-up approach is often motivated by integration needs that may require establishing point-to-point integration channels between legacy systems.
B. The bottom-up approach can result in the creation of hybrid services that contain a mix of logic from different sources.
C. With the bottom-up approach, services are built on an "as need" basis and are modeled to encapsulate application logic to best serve the immediate requirements of the solution.
D. The bottom-up approach is focused primarily on maximizing service reuse. Therefore, special attention is paid to the documentation of service profile information that is used to create complete service catalog entries.
Answer: D