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NEW QUESTION: 1
A VMware administrator has been tasked with managing storage for an ESXi cluster connected to a VMAX3 array. The administrator is not familiar with Unisphere for VMAX and wants to use the VMware Web Client to provision RDM volumes to virtual machines.
Which EMC product provides this functionality?
A. PowerPath
B. SYMCLI
C. VASA
D. VSI Plug-in
Answer: D

NEW QUESTION: 2
개발자 수준의 AWS Support 플랜을 보유한 회사는 Amazon RDS 데이터베이스를 프로비저닝했으며 연결할 수 없습니다.
A. AWS 전문 서비스
B. AWS 기술 계정 관리자 AWS 컨설팅 파트너
C. 개발자가이 수준의 지원을 받으려면 누구에게 연락해야 합니까?
D. 지원 사례를 사용한 AWS 지원
Answer: C

NEW QUESTION: 3
NO: 1
FSSO provides a single sign on solution to authenticate users transparently to a FortiGate unit using credentials stored in Windows Active Directory.
Which of the following statements are correct regarding FSSO in a Windows domain environment when NTLM and Polling Mode are not used? (Select all that apply.)
A. The FSSO Domain Controller Agent will regularly update user logon information on the
FortiGate unit.
B. For non-domain computers, the only way to allow FSSO authentication is to install an
FSSO client.
C. The FSSO Collector Agent will retrieve user information from the Domain Controller
Agent and will send the user logon information to the FortiGate unit.
D. An FSSO Collector Agent must be installed on every domain controller.
E. An FSSO Domain Controller Agent must be installed on every domain controller.
Answer: C,E

NEW QUESTION: 4
Wendall Wayne is a fixed income portfolio manager with Skyline Investments. Until recently he has focused almost exclusively on residential mortgage-backed securities (MBS). However, two weeks ago he was given approval to begin purchasing asset-backed securities (ABS) and commercial MBS as well.
Wayne has forecasted that interest rates will decrease by approximately 100 basis points over the next month.
Wayne first completes an analysis of two tranches (a PAC I tranche and a support tranche) from a collateralized mortgage obligation (CMO) that was issued 18 months ago. When the CMO was issued, the initial collar of the PAC I tranche was 150 - 400 PSA. He estimates the change in the average life of each tranche as the prepayment speed varies, assuming the prepayment speed stays at that speed until the tranche matures. The results are shown in Exhibit 1.

In his report, Wayne makes the following statements regarding the CMO:
Statement 1: The CMO is structured so that the support tranche has more extension risk, and the PAC I tranche has more contraction risk.
Statement 2: The cash flows of the PAC I tranche will be less affected by the change in interest rates I have forecast than the cash flows of the support tranche.
Wayne has pushed for approval to begin trading ABS because he is particularly interested in collateralized debt obligations (CDOs). However, he doesn't know a lot about them, so he first does some reading and prepares some key points related to CDOs to guide his analysis.
Statement 3: CDOs are typically collateralized by emerging market bond issues, home equity bank loans, and high-yield corporate bond issues.
Statement 4: One advantage of issuing a synthetic CDO versus a cash CDO is that credit risk is lower with a synthetic CDO because the junior note holders also sell a credit default swap.
Statement 5: Some CDOs include an equity tranche to provide payment and credit protection to the senior and mezzanine tranches, but for most issues, credit protection is provided by external credit enhancements.
Wayne wants to understand the distinction between amortizing and non-amortizing assets that are securitized by ABS transactions, as well as the appropriate spread measures to use for various types of fixed-income securities. He asks a colleague, Martin Freed, to explain to him the difference between the two and how the payment structure of the ABS is affected by whether the assets in the pool are amortizing or non-amortizing. Freed replies:
Statement 6: An auto loan is an example of an amortizing asset, and a credit card receivable is an example of a non-amortizing asset.
Statement 7: For amortizing assets, the composition of the loans in the asset pool doesn't change once the assets are securitized. For non-amortizing assets, the composition of the asset pool does change.
Freed also tells Wayne that the credit analysis of commercial mortgage-backed securities (CMBS) should focus on the credit risk of the property, not the borrower. Freed also says that two key ratios useful for assessing the credit risk of the property are the debt service coverage ratio (net operating income/debt service) and the loan-to-value ratio (current mortgage amount/current appraised value). Wayne concludes that both of the ratios Freed recommends for credit analysis of CMBS are positively related to credit risk:
the higher the ratio, the more risky the loan.
Finally, Wayne is trying to determine the most appropriate spread measure for valuing callable corporate bonds and high-quality home equity loan ABS. He plans to choose from the following measures: the zero- volatility spread, the OAS from the binomial model, and the OAS from the Monte Carlo model.
Which of the two tranches (XX or YY) is most likely the support tranche, and what is the effective collar of the PAC 1 tranche?
Support tranche ;Effective collar of PAC 1 tranche
A. XX ;0-400 PSA
B. YY ;100-300 PSA
C. XX ;100-300 PSA
Answer: C
Explanation:
Explanation/Reference:
Explanation:
CMOs are structured so that the prepayment risk (as measured by the average life variability) is lower for the PAC I tranche than the support tranche. The average life of Tranche YY in Exhibit 1 is constant at 5.1 over a relatively large range of prepayment speeds (100 - 300 PSA). Therefore, Tranche YY is the PAC I tranche, and the effective collar of the PAC I tranche (the range of prepayment speeds over which rhe average life of the tranche is constant) is 100 - 300 PSA. Tranche XX has a much higher average life variability, so it must be the support tranche. (Study Session 15, LOS 55.h,i)