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Dell D-PDM-A-01
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NEW QUESTION: 1
Which two are characteristics of HSSI cables? (Choose two.)
A. HSSI cables use cable CAB-HSI1 and cable CAB-HNUL.
B. The HSSI connector and the HSSI cable are identical.
C. The CAB-HNUL is used to connect your router to an external DSU.
D. The HSSI connector and the HSSI cable are similar.
E. HSSI cables use a female, 10-pin, SCSI-II-type connector.
Answer: A,D
NEW QUESTION: 2
A release 9.1 enhancement to XT series local recording to a USB drive or "stick" allows the ability to watermark the recordings.
Which two options for information can be included in the optional watermark? (Choose two)
A. A sequence number
B. A label
C. The time and date
D. The recording duration
E. The conference moderator name or ID
Answer: B,C
NEW QUESTION: 3
You are developing a web page that performs CPU-intensive calculations. A web worker processes these calculations on a separate background thread. The process is instantiated from the web page.
You need to stop the web worker process after the calculations are completed.
Which two actions can you perform to achieve this goal? (Each correct answer presents a complete solution. Choose two.)
A. From the web worker process, call the terminate() method.
B. From the web worker process, call the close() method.
C. From the web page, call the terminate() method.
D. From the web page, call the close() method.
Answer: B,C
Explanation:
Terminating a worker
If you need to immediately terminate a running worker, you can do so by calling the worker's terminate() method:
myWorker.terminate();
The worker thread is killed immediately without an opportunity to complete its operations or clean up after itself.
Workers may close themselves by calling their own close method:
close();
Reference: Using Web Workers
NEW QUESTION: 4
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.
RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
Regarding their statements about hedging mortgage-backed securities, are Rolle and Sims correct or incorrect?
A. Both Rolle and Sims are correct.
B. Only Rolle is correct.
C. Only Sims is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Both Rolle and Sims are correct. Since mortgage securities exhibit negative convexity, two Treasury bond futures contracts are typically used as a hedge. If the volatility of interest rates increases, an investment in an MBS declines in value. The mort-gage holder has sold the borrower an interest rate call that allows them to refinance the mortgage. As with any option, an increase in the underlying volatility in-creases the value of the option. (Study Session 10, LOS 32.b,e) Sample Scoring Key: 3 points for each correct response.
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Dell PowerProtect Data Manager Appliance Achievement
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