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NEW QUESTION: 1
Natalia Berg, CFA, has estimated the key rate durations for several maturities in three of her $25 million bond portfolios, as shown in Exhibit 1.

At a fixed-income conference in London, Berg hears a presentation by a university professor on the increasing use of the swap rate curve as a benchmark instead of the government bond yield curve. When Berg returns from the conference, she realizes she has left her notes from the presentation on the airplane. However, she is very interested in learning more about whether she should consider using the swap rate curve in her work.
As she tries to reconstruct what was said at the conference, she writes down two advantages to using the swap rate curve:
Statement 1: The swap rate curve typically has yield quotes at 11 maturities between 2 and 30 years. The
U.S. government bond yield curve, however, has fewer on-the-run issues trading at maturities of at least two years.
Statement 2: Swap curves across countries are more comparable than government bond curves because they reflect similar levels of credit risk.
Berg also estimates the nominal spread, Z-spread, and option-adjusted spread (OAS) for the Steigers Corporation callable bonds in Portfolio 2. The OAS is estimated from a binomial interest rate tree. The results are shown in Exhibit 2.

Berg determines that to obtain an accurate estimate of the effective duration and effective convexity of a callable bond using a binomial model, the specified change in yield (i.e., Ay) must be equal to the OAS.
Berg also observes that the current Treasury bond yield curve is upward sloping. Based on this observation, Berg forecasts that short-term interest rates will increase.
If the spot-rate curve experiences a parallel downward shift of 50 basis points:
A. Portfolio 3 will experience the best price performance.
B. Portfolio 1 will experience the best price performance.
C. all three portfolios will experience the same price performance.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The sum of a portfolios key rate durations is the effective duration of the portfolio. Each of the portfolios has an effective duration of five, so a parallel shift in the yield curve will have the same effect on each portfolio, and each will experience the same price performance. {Study Session 14, LOS 53.f)

NEW QUESTION: 2
You want to use the SHA -256 Authentication plugin with Connector/J.
Which two parameter settings achieve this?
A. defaultAuthenticationplugin=com.mysql.jdbc.authentication.sha256passwordplugin
B. Authenticationplugins=com.mysql.jdbl.jdbc.authentication.sha256passwordplugin,com.mysql.jdbc
C. defaultAuthenticationplugin=com.mysql.jdbc.authentication.MysqlNativepasswordplugin
D. Authenticationplugins=com,mysql,authentication,mysqlNativepasswordplugin
Answer: B

NEW QUESTION: 3
Given the following class:

Which two changes would encapsulate this class and ensure that the area field is always equal to length
* heightwhenever the Rectangle class is used?
A. Change the area field to public.
B. Call the setArea method at the beginning of the setHeight method.
C. Call the setArea method at the end of the setHeight method.
D. Call the setArea method at the beginning of the setLength method.
E. Change the setArea method to private.
F. Call the setArea method at the end of the setLength method.
Answer: C,E

NEW QUESTION: 4
HOTSPOT
You deploy an Exchange Server 2016 organization. The organization contains two servers. The servers are configured as shown in the following table.

The default self-signed certificates are installed on both servers.
All of the users in the organization work from home and from customer locations.
You purchase a Layer 7 hardware-based load balancer. You configure SSL bridging without session affinity for Outlook on the web connections. The load balancer has an internal fully qualified domain name (FQDN) of lb1.contoso.local.
DNS servers are configured to resolve mail.contoso.com names to the external IP address of the load balancer.
You need to recommend which names must be included in the certificates installed on the load balancers and the Exchange servers.
What should you recommend for each certificate? To answer, select the appropriate options in the answer area.
Hot Area:

Answer:
Explanation: