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Free Talend Talend Data Integration Certified Developer Exam Data-Integration-Developer Latest & Updated Exam Questions for candidates to study and pass exams fast. Data-Integration-Developer exam dumps are frequently updated and reviewed for passing the exams quickly and hassle free!

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NEW QUESTION: 1
Jonathan Weil, CFA, is the managing director of Weil Capital Management (WCM). Weil has decided to reevaluate the asset backed security (ABS) positions in his investors' portfolios since a recent, and severe, credit problem in the subprime lending industry has had ripple effects on other fixed-income markets. Weil expects the interest rate term structure to remain flat, but shift upward as credit terms tighten. Weil has asked one of his analysts, Vanessa Ordon, to assist him in analyzing potential ABS investments, including some products he is unfamiliar with.
Ordon provides an assessment of ABS backed by auto loans, credit card receivables, and closed end home equity loans. Ordon has assembled the following information on the collateral, credit enhancements, and prepayment risk associated with each type of ABS.

Ordon has also assembled the following information on the structure of a closed end home equity loan (HEL) asset backed security. Ordon has presented the security to Weil as a potential investment opportunity, but Weil is concerned about its default and prepayment risks. The HEL ABS does not have a shifting interest mechanism.

Ordon has also developed an assessment of mortgage backed securities (MBS). Ordon has assembled the following information related to a mortgage backed security.
Weil has decided to invest in the MBS identified by Ordon, but wants to keep the interest rate sensitivity of the investment low while gaining a substantially large option adjusted spread at a cheap price. Weil is not concerned with credit risk in this case. Which of the MBS tranches is most likely to fulfill Weil's objectives?
A. ST1.
B. PT5.
C. ST2.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Weil has stated several objectives for the MBS investment. He desires low interest rate sensitivity and a large option adjusted spread (OAS) for a cheap price. In order to have low interest rate sensitivity a tranche with a low effective duration should be chosen. A cheap price means that Weil wants the option cost of the purchased tranche to be low while the OAS is high. Option cost is defined as the z-spread minus the OAS and reflects the cost of the embedded prepayment option. Since the term structure of interest rates is flat, the z-spread and nominal spread are effectively the same. Thus, we can create the following table of OAS, option cost, and effective duration for the three choices given.

PT5 has the best OAS per unit of option cost, but has the highest effective duration. Of the tranches with a low effective duration, ST1 has the highest ratio of OAS to option cost, indicating that if is the cheapest tranche in the duration range that Weil finds acceptable. (Study Session 15, LOS 57.e,h)

NEW QUESTION: 2
Which set of commands allows IPX inbound on all interfaces?
A. ASA1(config)# access-list IPX-Allow ethertype permit ipx ASA1(config)# access-group IPX-Allow in interface inside
B. ASA1(config)# access-list IPX-Allow ethertype permit ipx ASA1(config)# access-group IPX-Allow out interface global
C. ASA1(config)# access-list IPX-Allow ethertype permit ipx ASA1(config)# access-group IPX-Allow in interface global
D. ASA1(config)# access-list IPX-Allow ethertype permit ipx ASA1(config)# access-group IPX-Allow in interface outside
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Which protocol does the Cisco Jabber client use, in conjunction with Cisco IM and Presence, to deliver enterprise-class instant messaging services?
A. XMPP
B. CTI/QBE
C. SIP
D. ICQ
E. IRC
Answer: A
Explanation:
Explanation
Many federated IM networks communicate using an open standard, such as Jabber, that leverages the Extensible Messaging and Presence Protocol (XMPP). Networks using XMPP provide open communications with other XMPP-based networks.


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