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NEW QUESTION: 1
You have 20 Azure virtual machines that run Windows Server 2016 based on a custom virtual machine image. Each virtual machine hosts an instance of a VSS-capable web app that was developed in-house. Each instance is accessed by using a public endpoint. Each instance uses a separate database. The average database size is 200 GB.
You need to design a disaster recovery solution for individual instances. The solution must meet the following requirements:
* Provide a recovery time objective (RTO) of six hours
* Provide a recovery point objective (RPO) of eight hours
* Support recovery to a different Azure region
* Support VSS-based backups
* Minimize costs
What should you include in the recommendation? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 2
William Bliss, CFA, runs a hedge fund that uses both managed futures strategies and positions in physical commodities. He is reviewing his operations and strategies to increase the return of the fund. Bliss has just hired Joseph Kanter, CFA, to help him manage the fund because he realizes that he needs to increase his trading activity in futures and to engage in futures strategies other than fully hedged, passively managed positions. Bliss also hired Kanter because of Kantcr's experience with swaps, which Bliss hopes to add to his choice of investment tools.
Bliss explains to Kanter that his clients pay 2% on assets under management and a 20% incentive fee.
The incentive fee is based on profits after having subtracted the risk-free rate, which is the fund's basic hurdle rate, and there is a high water mark provision. Bliss is hoping that Kanter can help his business because his firm did not earn an incentive fee this past year. This was the case despite the fact that, after two years of losses, the value of the fund increased 14% during the previous year. That increase occurred without any new capital contributed from clients. Bliss is optimistic about the near future because the term structure of futures prices is particularly favorable for earning higher returns from long futures positions.
Kanter says he has seen research that indicates inflation may increase in the next few years. He states this should increase the opportunity to earn a higher return in commodities and suggests taking a large, margined position in a broad commodity index. This would offer an enhanced return that would attract investors holding only stocks and bonds. Bliss mentions that not all commodity prices are positively correlated with inflation so it may be better to choose particular types of commodities in which to invest.
Furthermore, Bliss adds that commodities traditionally have not outperformed stocks and bonds either on a risk-adjusted or absolute basis. Kanter says he will research companies who do business in commodities, because buying the stock of those companies to gain commodity exposure is an efficient and effective method for gaining indirect exposure to commodities.
Bliss agrees that his fund should increase its exposure to commodities and wants Kanter's help in using swaps to gain such exposure. Bliss asks Kanter to enter into a swap with a relatively short horizon to demonstrate how a commodity swap works. Bliss notes that the futures prices of oil for six months, one year, eighteen months, and two years are $55, S54, $52, and $5 1 per barrel, respectively, and the risk- free rate is less than 2%.
Bliss asks how a seasonal component could be added to such a swap. Specifically, he asks if either the notional principal or the swap price can be higher during the reset closest to the winter season and lower for the reset period closest to the summer season. This would allow the swap to more effectively hedge a commodity like oil, which would have a higher demand in the winter than the summer. Kanter says that a swap can only have seasonal swap prices, and the notional principal must stay constanl. Thus, the solution in such a case would be to enter into two swaps, one that has an annual reset in the winter and one that has an annual reset in the summer.
Given the information, the most likely reason that Bliss's firm did not earn an incentive fee in the past year was because:
A. the normal return was subtracted.
B. the 2% asset-under-management fee is greater than the risk-free rate.
C. of a high water mark provision, which states the value of the fund must exceed its previous high point before managers are paid an incentive fee.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The only possible answer from the given reasons is a high water mark provision. Since the firm had experienced losses for two years before increasing in value in the previous year, it is likely that the value of the fund had yet to achieve a previous "high water mark11 that it must exceed in order for there to be an earned incentive fee. (Study Session 13. LOS 37.q)
NEW QUESTION: 3
What is the minimum number of administrative accounts for a Unisphere storage domain?
A. 0
B. 1
C. 2
D. 3
Answer: C
NEW QUESTION: 4
Which statement about MPLS is true?
A. it operates in Layer 2.
B. It operates between Layer 2 and Layer 3.
C. It operates in Layer 3.
D. It operates in Layer 1.
Answer: B
Explanation:
MPLS belongs to the family of packet-switched networks. MPLS operates at a layer that is generally considered to lie
between traditional definitions of OSI Layer 2 (data link layer) and Layer 3 (network layer), and thus is often referred
to as a layer 2.5 protocol.
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