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NEW QUESTION: 1
You are preparing to install SQL Server 2012 Master Data Services (MDS).
You need to ensure that the database requirements are met.
What should you install?
A. SQL Server 2012 Data Center (64-bit) x64 on the database server
B. Microsoft SharePoint Foundation 2010 SP1
C. SQL Server 2008 Enterprise (64-bit) x64 on the database server
D. SQL Server 2012 Enterprise (64-bit) x64 on the database server
Answer: D
Explanation:
* Master Data Services is a new feature introduced in SQL Server 2008 R2 and further enhanced in SQL Server 2012.
* SQL Server 2012 Enterprise features include Master Data Services:

Note:
* Microsoft SQL Server Master Data Services is a Master Data Management (MDM) product from Microsoft, which will ship as a part of the Microsoft SQL Server database.Originally code-named Bulldog, Master Data Services is the rebranding of the Stratature MDM product titled +EDM, which Microsoft acquired in June 2007. Master Data Services is architecturally similar to +EDM, with increased integration with other Microsoft applications as well as some new features. Master Data Services first shipped with Microsoft SQL Server 2008 R2.

NEW QUESTION: 2
サイトにインストールするハードウェアの量が最も少ない配置は何ですか？
A. 集中管理
B. 収束しました
C. クラウド
Answer: C
Explanation:
説明/参照：
Explanation:

NEW QUESTION: 3
A Consultant is implementing a new Sales Cloud instance for Cloud Kicks that has a public sharing model for Accounts. Different sal.. Accounts that create a multi-level Account Hierarchy. Cloud Kicks needs to see the total number of closed won Opportunities and the.. in the hierarchy when viewing a parent Account.
Which recommendation will meet this viewing requirement?
A. Create a Roll-up Summary field on the parent Account, displaying the total value of won Opportunities from t..
B. Configure Apex to update a custom field on the parent Account with the total value of won Opportunities from..
C. Create a workflow rule to update the custom field on the parent Account, displaying the total value of won Op.. Accounts.
D. Configure a link on the Account that will open a list view showing the total value of open Opportunities for all..
Answer: D

NEW QUESTION: 4
Mike Diffle has been asked to evaluate the bonds of Hardin, Inc. The specific issue Diffle is considering has an 8% annual coupon and matures in two years. The bonds are currently callable at 101, and beginning in six months, they are callable at par. Bratton Corp, a competitor of Hardin's, also has bonds outstanding which are identical to Hardin's except that they are not callable. Diffle believes that the AA rating of both bonds is an accurate reflection of their credit risk. Diffle is wondering if the Bratton bonds might be a better investment than the Hardin bonds. Assume that the following 1-year interest rate tree is used to value bonds with a maturity of up to three years (this tree assumes interest rate volatility of 10%).

Also, assume that the appropriate spot rates for securities maturing in one, two, and three years are 7.25%
,7.5%, and 7.80%, respectively.
Diffle believes he should begin his analysis with the option-free Bratton bonds. He decides to consider two different approaches to valuing the Bratton Bonds-one that uses the current spot rate curve and another that uses the interest rate tree given above.
For the next step in his analysis, Diffle has decided to calculate the value of the Hardin bonds using the interest rate tree. His assumption is that the bond will be called ai any node of the tree where the calculated value exceeds the call price. Diffle summarizes the results of his bond valuation analysis in a memo to his supervisor, Luke Puldo. In this memo, Diffle makes the following statements:
Statement 1: The value of the option embedded in the Hardin bonds can be derived by simply subtracting the interest rate tree value of the Hardin bonds from the interest rate tree value of the Bratton bonds.
Statement 2: I am concerned that the 10% volatility assumption used to develop the interest rate tree might be too low. A higher volatility assumption would result in a lower value for the Hardin bonds.
After reviewing Diffle's analysis, Puldo notes that Diffle has not included any information on the option adjusted spread (OAS) for the Hardin bonds. Puldo suggests that Diffle should evaluate the OAS in order to get an idea of the liquidity risk of the Hardin bonds. Diffle counters that the OAS may not be very informative in this case, since he is uncertain as to the reliability of the interest rate volatility assumption.
To finish his analysis, Diffle would like to use his binomial model to evaluate the interest rate risk of both the Hardin bonds and the Bratton bonds. Diffle has shocked interest rates by 25 basis points throughout the interest rate tree he has been using to value the two bond issues. Using the new rates, Diffle has calculated values for the bonds assuming a 25-basis-point increase or decrease in rates. He plans to use these values as inputs into the following formulas for duration and convexity:

Using the interest rate tree, and assuming that the bonds will be called at any node of the tree where the calculated value exceeds the call price, which of the following is closest to the value of the Hardin bonds?
A. 100.472.
B. 100.378.
C. 100.915.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Use the same formula as in the previous problem, but remember that if the value at one node exceeds the call price, then the call price should be used for that node. In this case, the value at the lower node would be 108 / 1.06983 = 100.951; The assumption is that the bond would be called at the call price one year from now, or 100.
V = 0.5 x (99.512 + 8) /1.0725 + 0.5 x (100 + 8) /1.0725
V= 50.122 + 50.350 = 100.472
(Study Session 14, LOS 54.d)