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NEW QUESTION: 1
Which of the following is the most accurate description of EPE (Expected Positive Exposure):
A. The maximum average credit exposure over a period of time
B. The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date
C. The average of the distribution of positive exposures at a specified future date
D. Weighted average of the future positive expected exposure across a time horizon.
Answer: D
Explanation:
Explanation
When a derivative transaction is entered into, its value generally is close to zero. Over time, as the value of the underlying changes, the transaction acquires a positive or negative value. It is not possible to predict the future value of the transaction in advance, however distributional assumptions can be made and potential exposure can be measured in multiple ways. Of all the possible future exposures, it is generally positive exposures that are relevant to credit risk because that is the only situation where the bank may lose money from a default of the counterparty.
The maximum (generally a quantile eg, the 97.5th quantile) exposure possible over the time of the transaction is the 'Potential Future Exposure', or PFE.
The average of the distribution of positive exposures at a specified date before the longest trade in the portfolio is called 'Expected Exposure', or EE.
The expected positive exposure calculated as the weighted average of the future positive Expected Exposure across a time horize is called the EPE, or the 'Expected Positive Exposure'.
The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date - is the 'fair value', as defined under FAS 157.
Therefore the corect answer is that EPE is the weighted average of the future positive expected exposure across a time horizon.

NEW QUESTION: 2
Fill in the blank: Permanent VPN tunnels can be set on all tunnels in the community, on all tunnels for specific gateways, or__________.
A. On all satellite gateway to satellite gateway tunnels
B. On specific satellite gateway to central gateway tunnels
C. On specific tunnels in the community
D. On specific tunnels for specific gateways
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Each VPN tunnel in the community may be set to be a Permanent Tunnel. Since Permanent Tunnels are constantly monitored, if the VPN tunnel is down, then a log, alert, or user defined action, can be issued. A VPN tunnel is monitored by periodically sending "tunnel test" packets. As long as responses to the packets are received the VPN tunnel is considered "up." If no response is received within a given time period, the VPN tunnel is considered "down." Permanent Tunnels can only be established between Check Point Security Gateways. The configuration of Permanent Tunnels takes place on the community level and:
Can be specified for an entire community. This option sets every VPN tunnel in the community as

permanent.
Can be specified for a specific Security Gateway. Use this option to configure specific Security

Gateways to have permanent tunnels.
Can be specified for a single VPN tunnel. This feature allows configuring specific tunnels between

specific Security Gateways as permanent.
Reference:
https://sc1.checkpoint.com/documents/R77/CP_R77_VPN_AdminGuide/html_frameset.htm?
topic=documents/R77/CP_R77_VPN_AdminGuide/14018

NEW QUESTION: 3
Which active DAS component is responsible for coupling input signals from donor systems?
A. Receiver
B. Bidirectional amplifier
C. Coupling antenna
D. Transceiver
Answer: B

NEW QUESTION: 4
IPv6 First-HopSecurity機能を左側から右側の定義にドラッグアンドドロップします。

Answer:
Explanation:

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