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WGU Secure-Software-Design
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NEW QUESTION: 1
이 운동을 수행하는 동안 상완 이두근을보다 쉽게 활성화시키기 위해 강도 및 컨디셔닝 전문가는 운동 선수에게 다음 중 어떤 것을 수행하도록 지시합니까?
A. 어깨를 구부린다.
B. 팔꿈치에서 팔뚝을 가라 앉히십시오.
C. 어깨를 넓히십시오.
D. 팔꿈치에 팔뚝을 표시하십시오.
Answer: B
NEW QUESTION: 2
Donaghy Management Company (DMC) manages several funds only available to high net worth individuals. In preparation for an upcoming meeting, the firm has circulated among its managers the information in Figure 1 on objectives and market expectations relevant to each of three funds.
Figure 1: Fund Strategies and Market Expectations
The manager of Fund A has collected data on put and call options on the broad market index underlying his strategy. The option data are presented in Figure 2. All options presented have the same expiration date.
Figure 2: Option Data for the Broad Market Index
During the meeting, the manager of Fund B states that in order to enhance returns for the fund, he intends to implement a box-spread strategy. The manager explains the strategy by stating, "The ending price of the asset underlying the box-spread strategy has no impact on the payoff of the strategy.
Thus, if the market price of the strategy implies a rate of return greater than the risk-free rate, an arbitrage opportunity exists." Also during the meeting, DMC's president questioned the manager of Fund C about the mechanics of his hedging strategy. The manager explained the strategy with the following comments:
Comment 1: "The hedge position is established to reduce the exposure to certain equity positions by writing call options on those equity positions. The necessary number of short option positions per share of stock held is calculated as the inverse of the option delta." Comment 2: "The hedge position only requires adjusting in the event of a price or volatility change in the underlying and is effective for small changes in the price of the underlying security." Evaluate the comment made by the manager of Fund B with respect to the box-spread strategy. The manager is:
A. incorrect, because the payoff of the box-spread is sensitive to the ending price of the asset underlying the options.
B. incorrect, because an arbitrage opportunity only exists if the market price of the box-spread strategy implies a rate of return less than the risk-free rate.
C. correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The manager of Fund is correct regarding the potential arbitrage opportunities associated with the strategy. The box-spread strategy is a combination of a bull spread (purchase a call with low exercise price X1, and sell a call with higher exercise price X2) and a bear spread (sell a put with exercise price X2 and purchase a put with exercise price X2). The strategy is executed solely within the options market and does not require a position in the underlying, an assumption about an option pricing model, or an assumption regarding the volatility of the underlying security. The combination of options results in a payoff equal to X2
- X1 no matter what the price of the underlying security is at option expiration. Because the strategy has a known payoff, the return should be equal to the risk-free rate. Thus the price of entering a box-spread today should equal (X2 - X1) / (1 + Rf)T where Rf is the risk-free rate. If the price of entering a box-spread is less than this amount, an arbitrage opportunity exists. (Study Session 15, LOS43.a)
NEW QUESTION: 3
Examine the structure of the CUSTOMERS table: (Choose two.)
CUSTNO is the PRIMARY KEY.
You must determine if any customers' details have been entered more than once using a different CUSTNO, by listing all duplicate names.
Which two methods can you use to get the required result?
A. Left outer-join with self-join
B. Self-join
C. Right outer-join with self-join
D. Subquery
E. Full outer-join with self-join
Answer: B,D
NEW QUESTION: 4
各プラットフォームのセキュリティ設定が情報セキュリティポリシーおよび手順に準拠していることを確認する最良の方法は、次のとおりです。
A. ベンダーのデフォルト設定を実装します。
B. セキュリティベースラインを確立します。
C. 侵入テストを実行します。
D. ポリシーを独立した標準にリンクします。
Answer: B
Explanation:
説明
セキュリティベースラインは、各プラットフォームが最小基準を満たしていることを最も確実に保証します。侵入テストはそれほど効果的ではなく、定期的にのみ実行できます。ベンダーのデフォルト設定は、セキュリティポリシーで設定された基準を必ずしも満たしていませんが、ポリシーを独立した標準にリンクしても、プラットフォームがこれらのレベルのセキュリティを満たしているという保証はありません。
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