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NEW QUESTION: 1
Bone mineral density (BMD) is a useful diagnostic test for
A. rheumatoid arthritis
B. osteomyelitis
C. osteoporosis
D. osteoarthritis.
Answer: C
NEW QUESTION: 2
FortiClientエンドポイントセキュリティに含まれる3つの機能はどれですか？ （3つ選択してください）
A. IPsec
B. リアルタイム保護
C. DLP
D. L2TP
E. 脆弱性管理
Answer: A,B,E
NEW QUESTION: 3
A pension fund has $100m in liabilities due in the future with an average modified duration of 20 years. The fund also holds a fixed income portfolio worth $125m with an average duration of 15 years. Which of the following approaches would be best suited for the pension fund to cover its interest rate risk?
A. Enter into an interest rate swap to receive fixed and pay floating
B. Enter into an interest rate swap to receive floating and pay fixed
C. The pension fund does not have any interest rate risk as assets more than adequately cover its liabilities
D. Sell 15 year bond futures
Answer: A
Explanation:
Explanation
In this case, we need a portfolio that is "dollar duration" neutral, ie the net effect of any change in interest rates creates offsetting gains and losses in the asset and liability portfolios. The $125m asset portfolio with a duration of 15 years has a dollar-duration of $125*15/100=$18.75m, implying that a 1% change in interest rates will create a $18.75m change in the value of the asset portfolio. Similarly, the liabilities of $100m with a duration of 20 years mean that a 1% change in interest rates will lead to a $20m change in their value. Since
$18.75m<$20m, the pension fund is short duration, and needs a strategy that will give it more duration. It can do so by buying more bonds, or swapping out some of its shorter duration bonds with longer duration bonds, or doing other things that will increase the duration of the portfolio so it becomes duration neutral.
Entering into an interest rate swap to receive fixed and pay floating is like a long position in a bond, which will increase duration. Thus Choice 'b' is the correct answer.
A swap to pay fixed and receive floating will have the opposite effect, and so will selling bond futures. Choice
'c' and Choice 'a' are therefore incorrect. As we have seen, Choice 'd' is incorrect as the fund does have interest rate exposure.
NEW QUESTION: 4
Which statement should the designer keep in mind when considering the advanced routing features?
A. Redistribution, summarization, and filtering are most often applied between the campus core and enterprise edge.
B. Summarize routes at the core toward the distribution layer.
C. One-way route redistribution avoids the requirement for static or default routes.
D. Filtering only occurs on the routing domain boundary using redistribution.
E. The hierarchical flexibility of IPv6 addressing avoids the requirement for routing traffic reduction using aggregation.
Answer: A
Explanation:
Explanation/Reference:
Explanation: