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NEW QUESTION: 1
When a customer is using HP CloudSystem, what does HP use to provide repeatable, proven deployments?
A. Datacenter Care Packs
B. HP OneView
C. HP ArcSight
D. HP Cloud Maps
Answer: D
Explanation:
Reference:http://www8.hp.com/us/en/businesssolutions/solution.html?compURI=1079455#tab=TAB2(delivering new cloud service)

NEW QUESTION: 2
Which of the following BEST indicates the condition of a risk management program?
A. Level of financial support
B. Number of controls
C. Amount of residual risk
D. Number of risk register entries
Answer: D

NEW QUESTION: 3
Use the exhibits below to answer the question.



A new phone has been added to the Cisco Unified Communications Manager, but is not registering properly. What is causing this failure?
A. 9971 Phones do not support SIP
B. phonei_css is the incorrect calling search space2
C. MAC address is incorrect
D. Device Pool cannot be default
E. The location Hub_None has not been activated
Answer: C
Explanation:
The host name is a unique, fixed name that is automatically assigned to the phone based on its MAC address. However, here we see that the configured MAC address is 8478ACF71D1F, but the host name shown on the 9971 Phone Information diagram shows the host name as 8478ACE71D1F.

NEW QUESTION: 4
Toni Morrison, CFA, a manager for Sierra Fund, is investigating the use of relative value methodologies for global corporate bond portfolio management. As a recent college graduate, Bernard Tabler has been assisting Morrison in data gathering and analysis.
Morrison is a firm believer that corporate yield spreads have a tendency to revert to their historical mean values. Accordingly, Tabler has compiled relevant information for three corporate issues. Morrison and Tabler use the information below to conduct mean reversion analysis.

Note: All spreads are expressed in basis points.
Morrison's research has also included a study of the implications of secular and cyclical changes in the primary corporate bond market. As a result of her research, she states that the implication of both cyclical and secular changes in the primary corporate bond market for fixed-income portfolio management is that effective duration and aggregate interest rate risk will increase. Tabler adds that it also appears that credit- based derivatives will increasingly be used to achieve desired exposure to credit sectors, issuers, and structures.
During the presentation to a client, Morrison discusses corporate curve analysis. He states that corporate spread curves tend to change with the economic cycle, so in order to properly conduct this analysis the analyst must examine credit and yield curves carefully. Tabler adds that corporate spreads usually narrow during upturns and widen during downturns.
Morrison is also considering using repurchase agreements to fund some overnight investment activities.
Watching the financial news, she observes that the Federal Reserve has increased the federal funds rate to combat potential inflation. She notes that this will increase the borrowing costs of investment strategies using repurchase agreements. Tabler chimes in that the strategy's interest cost could be reduced by using hot collateral such as on-the-run U.S. Treasuries.
Morrison is also providing advice to a client on the best way to hedge a floating rate loan using a swap.
The client is paying 120 basis points over LIBOR. Morrison suggests that the client enter a 5-year LIBOR- based swap. The swap fixed rate is 100 basis points over the U.S. Treasury rate. The floating rate is LIBOR flat. LIBOR is 5.60% and the Treasury rate is 5.20% when this swap is being considered.
Regarding their statements on corporate curve analysis, are Morrison and Tabler correct or incorrect?
A. Both are correct.
B. Neither is correct.
C. One is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Morrison is correct. Corporate spread curves, which measure the yield spreads between higher and lower rated bonds, tend to change with the economic cycle, so in order to properly conduct this analysis the analyst must carefully examine credit and yield curves. Tabler is also correct. Corporate spread curves narrow during upturns and widen during downcurns. The reason for this is that default becomes more likely during a recession and yields on risky corporate bonds increase. Yield spreads decrease during an expansion because default is generally less likely (Study Session 9, LOS 30.e)

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• HP Aruba Certified Switching Associate (ACSA) V1
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