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NEW QUESTION: 1
In software development, which of the following analysis is used to document the services and functions that have been accidentally left out, deliberately eliminated or still need to be developed?
A. Cost-benefit analysis
B. Vulnerability analysis
C. Gap analysis
D. Requirement analysis
Answer: C

NEW QUESTION: 2
What describes the VNX Snapview Snapshot source LUN write process?
A. Host issues write.
Data is written to the reserve LUN pool.
B. Host issues write.
Old data is copied to the source LUN.
New data is written to the reserve LUN pool.
C. Host issues write.
Old data is copied to the reserve LUN pool.
New data is written to the source LUN.
D. Host issues write.
New data is written to a new location.
Answer: C

NEW QUESTION: 3
Jill Surratt, CFA, and Elizabeth Castillo, CFA, are analysts for Summit Consulting. Summit provides investment advice to hedge funds and actively managed investment funds throughout the United States and Canada.
Surratt and Castillo have a client, Tom Carr, who is interested in increasing his returns from foreign currency positions. Carr currently has a position in Japanese yen (¥) that he wishes to convert to Taiwanese dollars (NTS) because he thinks the Taiwanese currency will appreciate in the near term. He docs not have a quote for yen in terms of the NTS, but has received quotes for both currencies in terms of the U.S. dollar The quotes are $0.008852-56 for the yen and $0.02874-6 for the Taiwanese dollar. He would like to purchase NTS10 million.
Discussing these quotes, Surratt notes that the bid-ask spread is affected by many factors. She states that if an economic crisis were expected in the Asian markets, then the bid-ask spread of the currency quotes should widen. Castillo states that if a dealer wished to unload an excess inventor}' of yen, the typical response would be to lower her ask for the yen, thereby narrowing the bid-ask spread.
In regards to changes in currency values, Surratt states that if the U.S. Federal Reserve unexpectedly restricts the growth of the money supply and foreign interest rates remain constant, then the U.S. interest rate differential should increase, thereby increasing the value of the dollar. She states that this change may occur without a change in the quantity of dollars traded. Surratt also mentions that in addition to monetary policy having an impact on exchange rates, governments sometimes intervene directly into the foreign currency markets. She states that if a country was defending its currency value, it would buy up its currency for as long as needed in the foreign currency markets.
In addition to using monetary policy, Summit Consulting uses anticipated changes in fiscal policy to forecast exchange rates and the balance of payments for a country. Castillo states that if the U.S.
Congress were to unexpectedly reduce the budget deficit, then this should have a positive impact on the value of the dollar in the short-run because foreigners would have more confidence in the U.S. economy.
Castillo adds that this change would result in changes in the balance of payments components, with the trade deficit and the capital account surplus decreasing.
Another of Summit's clients is Jack Ponder. Ponder would like to investigate the possibility of using covered interest arbitrage to earn risk free profits over the next three months, assuming initial capital of $1 million. He asks Surratt to gather information on the inflation rates, interest rates, spot rates, and forward rates for the U.S. dollar and the Swiss franc (SF). Surratt has also used technical analysis to obtain a projection of the future spot rate for the two countries' currencies. The information is presented below:

At a training session for new employees, Surratt and Castillo lecture on international trade and finance issues. To illustrate the concept of comparative advantage, Castillo uses two countries, Country A and Country B Both produce computers and food but have different opportunity costs for producing them. A's opportunity cost of producing another pallet of computers is two bushels of food. B*s opportunity cost of producing another pallet of computers is five bushels of food. The table below provides the output from each country before international trade takes place;

Which of the following best describes the covered interest arbitrage that Ponder should execute?
Borrow in:
A. Swiss francs to make an arbitrage profit of $75,588.
B. Swiss francs to make an arbitrage profit of $80,313.
C. U.S. dollars to make an arbitrage profit of $80,313.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The relevant information here is the spot rate, the forward rate, and the interest rates in the two countries.
The first step in covered interest arbitrage is to determine in which currency funds will be borrowed and in which currency funds will be invested. The three month interest rate in the United States is 18%/4 = 4.5% and 12%/4 = 3% in Switzerland.
In covered interest rate parity, the hedged foreign return (combining the foreign interest rate (SF) with the forward-spot rare differential) should equal to the domestic (USD) return:

If we insert the data from the example into this relationship,
we get the following:

Because the effective rate is lower in Switzerland,
Ponder will borrow in Switzerland and invest in the United States. Assuming that Ponder will utilize
$1,000,000, we convert this amount to SF at the spot rate to determine the amount of the Swiss franc loan:
$1,000,000 x SF/$0.85 = SF1,176,470.59.
The amount of the Swiss franc loan to be paid back in three months uses the Swiss interest rate of3% SF1.176,470.59 x 1.03 = SF1.211,764.71 At inception of the arbitrage, Ponder will have entered into a forward contract where he buys Swiss franc and sells U.S. dollars. Using this forward contract and rate, the cost of the loan in U.S. dollars is:
SF1,211,764.71 x $0.80/SF = $969,411.76.
In the United States, Ponder will have invested the $1,000,000 at 4.5% and will have in three months:
$1,000,000 x 1.045 = $1,045,000.
The covered interest arbitrage profit is thus:
$1,045,000 - $969,411.76 = $75,588.24.
Professor's Note: If you are asked to calculate a covered interest arbitrage profit on the exam, the quickest way to arrive at your answer would be to multiply the return differentiah calculated at the beginning of this problem by the $1,000,000:
$1,000,000 x (1.045 - 0.9694) = $75,600.
Using six decimal places fir the Swiss return to get 0.969412 (or carrying the calculation in your calculators memory) will give you the more precise $75,588.
Also note that the expected spot rate and inflation rates are not necessary in this problem. Do not confuse covered interest rate parity with purchasing power parity.
(Study Session 4, LOS 18.h)

NEW QUESTION: 4
You plan to deploy 10 applications to Azure. The applications will be deployed to two Azure Kubernetes Service (AKS) clusters. Each cluster will be deployed to a separate Azure region.
The application deployment must meet the following requirements:
* Ensure that the applications remain available if a single AKS cluster fails.
* Ensure that the connection traffic over the internet is encrypted by using SSL without having to configure SSL on each container instance.
Which Azure service should you include in the recommendation?
A. Azure Load Balancer
B. AKS ingress controller
C. Azure Traffic Manager
D. Azure Front Door
Answer: D
Explanation:
Explanation
Azure Front Door enables you to define, manage, and monitor the global routing for your web traffic by optimizing for best performance and instant global failover for high availability. With Front Door, you can transform your global (multi-region) consumer and enterprise applications into robust, high-performance personalized modern applications, APIs, and content that reaches a global audience with Azure.
Front Door works at Layer 7 or HTTP/HTTPS layer and uses anycast protocol with split TCP and Microsoft's global network for improving global connectivity.
Reference:
https://docs.microsoft.com/en-us/azure/frontdoor/front-door-overview