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OutSystems Associate-Reactive-Developer
Associate Reactive Developer (OutSystems 11) Exam
Questions and Answers | : 347 |
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NEW QUESTION: 1
VSANs and SAN Zoning have similar security goals, but also have different qualities. Drag the characteristic on the left to the appropriate column heading (VSAN or Zoning) on the right.
Answer:
Explanation:
Explanation
NEW QUESTION: 2
한 회사가 Amazon RDS 데이터베이스에 대해 우려하고 있습니다.
워크로드는 예측할 수 없으며 새로운 사용자 등록이 주기적으로 발생하면 회사에서 스토리지가 부족해질 수 있습니다.
데이터베이스는 300GB의 스토리지가 있는 범용 인스턴스에서 실행됩니다.
솔루션 아키텍트는 회사에 무엇을 추천해야 합니까?
A. 수직 인스턴스 확장 예약
B. RDS 스토리지 자동 확장을 활성화합니다.
C. 스토리지에 최적화 된 인스턴스 유형으로 변경하고 데이터베이스를 수직으로 확장합니다.
D. 스토리지 공간이 부족할 때 RDS 스토리지를 1GiB 늘리도록 AWS Lambda 함수를 구성합니다.
Answer: D
NEW QUESTION: 3
You implement Azure Redis Cache to allow .NET applications to store customer session data for cache clients. You have the following .NET Core class library. The class library defines lazyConnection as a static private variable as shown in the following code. (Line numbers are included for reference only.)
The method must update the database and invalidate the cache using the correct methods and parameters.
Operations mus'&e performed asynchronously wherever possible. You must ensure that the operation in the client application does not result in another client retrieving stale cache data.
You need to implement the code.
Answer:
Explanation:
Explanation
Untitled
NEW QUESTION: 4
An investor holds $1m in a 10 year bond that has a basis point value (or PV01) of 5 cents. She seeks to hedge it using a 30 year bond that has a BPV of 8 cents. How much of the 30 year bond should she buy or sell to hedge against parallel shifts in the yield curve?
A. Buy $1,000,000
B. Sell $625,000
C. Sell $1,600,000
D. Buy $1,600,000
Answer: B
Explanation:
Explanation
When hedging one fixed income security with another, the question as to how much of the hedge to buy (or sell) (ie the hedge ratio) for a given primary position is determined by their respective basis point values, which in turn are determined by their duration. Therefore, when hedging a long maturity bond with a PV01 of
$3 with a short maturity bond that has a PV of $1, we will need to buy 3 times the notional value of the short maturity bond to achieve the same sensitivity to interest rates as the longer maturity bond. Additionally, we may also expect the interest rates on the hedge to move differently from the interest rates on the primary instrument being hedged, and this needs to be accounted for as well as part of the hedge ratio calculation. This is called the yield beta and is calculated as change in yield for primary position/change in yield for the hedge security.
The hedge ratio is determined both by the yield beta and the BPVs of the two securities.
In this case, the yield beta is 1 (as the question speaks of a parallel shift in the yield curve, ie all rates rise or fall together), and the ratio of the BPVs is 5/8. Therefore she should sell 5/8 x 1,000,000 = $625,000 of the 30 year bond.
Choice 'b' is the correct answer.
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