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NEW QUESTION: 1
Which of the following will you cite as reasons why VoIP calls could go off-net earlier than designed when a converged network was configured to carry voice calls on- net as close as possible to the destination to minimize long distance charges?
(Choose all that apply.)
A. all of the above
B. the telephone user dials an access code
C. local call manager server is too busy to process the call
D. local voice-gateway detects insufficient WAN bandwidth
E. destination routing not properly configured on both local gateways
Answer: B,D
Explanation:
If the near-end voice gateway, using quality of service (QoS) features detects that there is not enough bandwidth to complete the call, then it reroutes the call off-net.
NEW QUESTION: 2
Toni Morrison, CFA, a manager for Sierra Fund, is investigating the use of relative value methodologies for global corporate bond portfolio management. As a recent college graduate, Bernard Tabler has been assisting Morrison in data gathering and analysis.
Morrison is a firm believer that corporate yield spreads have a tendency to revert to their historical mean values. Accordingly, Tabler has compiled relevant information for three corporate issues. Morrison and Tabler use the information below to conduct mean reversion analysis.
Note: All spreads are expressed in basis points.
Morrison's research has also included a study of the implications of secular and cyclical changes in the primary corporate bond market. As a result of her research, she states that the implication of both cyclical and secular changes in the primary corporate bond market for fixed-income portfolio management is that effective duration and aggregate interest rate risk will increase. Tabler adds that it also appears that credit- based derivatives will increasingly be used to achieve desired exposure to credit sectors, issuers, and structures.
During the presentation to a client, Morrison discusses corporate curve analysis. He states that corporate spread curves tend to change with the economic cycle, so in order to properly conduct this analysis the analyst must examine credit and yield curves carefully. Tabler adds that corporate spreads usually narrow during upturns and widen during downturns.
Morrison is also considering using repurchase agreements to fund some overnight investment activities.
Watching the financial news, she observes that the Federal Reserve has increased the federal funds rate to combat potential inflation. She notes that this will increase the borrowing costs of investment strategies using repurchase agreements. Tabler chimes in that the strategy's interest cost could be reduced by using hot collateral such as on-the-run U.S. Treasuries.
Morrison is also providing advice to a client on the best way to hedge a floating rate loan using a swap.
The client is paying 120 basis points over LIBOR. Morrison suggests that the client enter a 5-year LIBOR- based swap. The swap fixed rate is 100 basis points over the U.S. Treasury rate. The floating rate is LIBOR flat. LIBOR is 5.60% and the Treasury rate is 5.20% when this swap is being considered.
Regarding their statements on investment strategies using repurchase agreements, are Morrison and Tabler correct or incorrect?
A. Only Morrison is correct.
B. Both are correct.
C. Only Tabler is correct.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Both Morrison and Tabler are correct. There is a positive relationship berween the federal funds rate and the rcpo rate. The use of collateral with limited ability decreases the repo rate. Furthermore, as credit quality and liquidity increase, the repo rate declines. As the term decreases, the repo rate decreases.
Lastly, the repo rate will be lower if the collateral is delivered to the lender, rather than to the borrower's bank. (Study Session 10, LOS 3 I.b)
NEW QUESTION: 3
Which two are valid types of authentication for an OSPF area? (Choose two.)
A. Password authentication
B. SHA1 authentication
C. LDAP authentication
D. MD5 authentication
Answer: A,D
NEW QUESTION: 4
Your multitenant container database (CDB) contains multiple pluggable databases (PDBs). You execute
the command to create a common user:
SQL> CREATE USER c##a_admin
IDENTIFIED BY password
DEFAULT TABLESPACE users
QUOTA 100M ON users
TEMPORARY TABLESPACE temp;
Which statement is true about the execution of the command?
A. The command succeeds only if all the PDBs have the USERS and TEMPtablespaces.
B. The common user is created in the CDB and all the PDBs, and uses the users and temp tablespaces
of the CDB to store schema objects.
C. The command gives an error because the CONTAINER=ALLclause is missing.
D. The command succeeds and sets the default permanent tablespace of a PDB as the default
tablespace for the C##A_ADMINuser if the USERStablespace does not exist in that PDB.
Answer: A
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