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NEW QUESTION: 1
Martha Garret, CFA, manages fixed income portfolios for Jones Brothers, Inc. (JBI). JBI has been in the portfolio management business for over 23 years and provides investors with access to actively managed equity and fixed-income portfolios. All of JBI's fixed-income portfolios are constructed using U.S. debt instruments. Garret's primary portfolio responsibilities are the Quasar Fund and the Nova Fund, both of which are long fixed-income portfolios consisting of Treasury securities in all maturity ranges. The Quasar Fund holdings as of March 15 are provided in Exhibit 1. A comparison of key rate durations for the Quasar Fund and Nova Fund is provided in Exhibit 2.

Of particular importance to Garret and her colleagues is the degree of interest rate risk exposure unique to each portfolio under JBI's management. Driving the increased awareness of the portfolios' interest rate exposure is the double digit growth in assets under management that JBI's fixed-income portfolios have experienced in the last five years. Interest in the company's fixed-income portfolios continues to grow and as a result, all portfolio managers are required to attend weekly meetings to discuss key portfolio risk factors. At the last meeting, Miranda Walsh, a principal at JBI, made the following comments:
"The variance of daily interest rate changes has been trending higher over the last three months leading us to believe that a period of high volatility is approaching in the next twelve to eighteen months. However, the reliability is questionable since the volatility estimates were derived using an option pricing model, which assumes constant interest rates."
"Also, the Treasury spot rate curve currently has a similar shape to the yield curve on Treasury coupon securities, which, according to the market segmentation theory of interest rate term structure, indicates a relatively high level of demand from investors for intermediate term securities. Overzealous trading by investors unwilling to move into other maturity ranges may create mispricing and opportunities for arbitrage." After the meeting, Walsh and JBI's other principals met to discuss a new international portfolio opportunity.
At Walsh's suggestion, the principals selected Garret as the lead portfolio manager for the new fund, which will be titled the Atlantic Fund. One of the other portfolio managers, Greg Terry, CFA, suggested to Garret that she utilize the LIBOR swap curve as a benchmark for the Atlantic fund rather than using local government yield curves. Terry justifies his suggestion by claiming that "the lack of government regulation in the swap market makes swap rates and curves directly comparable between different countries despite fewer maturity points with which to construct the curve as compared to a government yield curve.
Furthermore, credit risk in the swap curves of various countries is similar, thus avoiding the complications associated with different levels of sovereign risk embedded in government yield curves." Intrigued by the idea of using the swap curve, Garret has her assistant begin gathering a range of current and forward LIBOR rates.
Which of the following best evaluates Terry's justification for using the swap curve as the benchmark for the Atlantic Fund? Terry's justification is:
A. correct.
B. incorrect because there are different levels of credit risk in the swap curves of different countries.
C. incorrect because there are actually more maturity points to construct the swap curve.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Terry's justification is incorrect. There are actually more maturity points in the swap market from which a swap curve can be derived. The rest of Terry s statements are correct. (Study Session 14, LOS 53.d)

NEW QUESTION: 2
You need to assess Windows 8.1 readiness for the test network.
What is the best approach to achieve the goal? More than one answer choice may achieve the goal. Select the BEST answer.
A. Run the Windows Assessment Services script on all of the client computers.
B. Run the Windows Assessment Services client and filter the asset inventory based on Windows 7.
C. From Microsoft Assessment and Planning Toolkit, open Inventory and Assessment Wizard, and then select the Windows computers inventory scenario check box.
D. From the Microsoft Assessment and Planning Toolkit, create a new inventory database for Windows
8.1.
Answer: C
Explanation:
Explanation/Reference:
Testlet 1
Overview
Fabrikam, Inc. is an advertising company that has 100 employees. The company has managers and has users in the sales department, the telemarketing department, and the graphic art department.
Fabrikam plans to purchase a company named Contoso, Ltd.
Fabrikam has a single office in New York City.
Existing Environment
Active Directory Environment
The network contains one Active Directory forest named fabrikam.com. The forest contains a single domain. All servers run Windows Server 2012 R2 and are members of Active Directory.
All client computers, except for the computers in the telemarketing department are Active Directory members.
A user named User1 is a member of the Enterprise Admins group. A user named User2 always is added to the local Administrators group on all of the client computers in the forest.
Current Network and Computer Environment
Fabrikam has the following servers:
Two domain controllers

A server named Server2

A deployment server named Server1

Two file servers named Server3 and Server4

Two DHCP servers, one of which is also a Key Management Service (KMS) server

Two servers that have Microsoft SQL Server installed and are configured in a failover cluster

Server1 has the Microsoft Deployment Toolkit (MDT) 2013 installed and the Windows Deployment Services server role installed. The Windows Deployment Services (WDS) server has an install image named Deployment1 Server3 has a file share named Store. Server3 will be used only to store data for computer migrations.
Server4 has a file share named Software. Microsoft Office Professional Plus 2013 is copied to the Software share.Server4 stores Image1.wim and Image2.wim files. Both WIM files contain generalized images of Windows 8.1 Pro and Windows 8.1 Enterprise.
Remote users cannot establish a VPN connection to the company network.
Types of Users
Fabrikam has the users shown in the following table.

The telemarketing department users use their own Windows client computers. Other users use company- owned computers.
All of the users who work from home have a fast and reliable Internet connection.
Client Computer Operating Systems
Fabrikam users use the following Windows client operating systems on company-owned computers:
64-bit version of Windows 7 Enterprise

32-bit version of Windows 7 Professional

64-bit version of Windows 7 Professional

64-bit version of Windows 8 Pro

64-bit version of Windows 8 Enterprise

64-bit version of Windows 8.1 Pro

64-bit version of Windows 8.1 Enterprise

All of the operating systems are purchased through a volume licensing agreement.
The Telemarketing department users have client computers that run either a 32-bit or a 64-bit operating system.
Requirements
Business Goals
Fabrikam plans to purchase Contoso and to integrate the new company into the Active Directory forest.
As much as possible, Fabrikam plans to minimize the costs associated with purchasing hardware and software.
Planned Changes
Fabrikam plans to implement the following changes to the network:
Use MDT on Server2.

Migrate client computers that run Windows 7 to Windows 8.1 Enterprise.

Add one Active Directory domain named contoso.com to the fabrikam.com forest.

Deploy a newly purchased 64-bit application named App1 to all of the telemarketing department users.

Technical Requirements
Fabrikam identifies the following technical requirements for the planned deployment:
For administrative tasks, always use the account that has the least amount of privileges.

Install Office Professional Plus 2013 on the managers' client computers.

Use the Microsoft Assessment and Planning (MAP) Toolkit to collect computer performance

information.
Update an image in Image1.wim to include several Windows patches.

Minimize administrative effort, whenever possible.

Application Requirements
Fabrikam identifies the following application requirements:
Ensure that the telemarketing department users can run App1. When App1 is updated, ensure that the

users can run the updated version of App1 as soon as it is available.
Ensure that MDT on Server1 and Server2 uses a centralized repository of deployment configuration

settings.
Automate the deployment of Office Professional Plus 2013. The deployment will include a custom

dictionary.
Performance Requirements
Fabrikam identifies the following performance requirements:
After the client computers from the Contoso network are migrated to the new domain, ensure that

performance data is collected from the migrated computers.
Ensure that Server3 has sufficient storage.

Image Requirements
Fabrikam identifies the following image requirements:
For each operating system version currently deployed to the client computers on the Fabrikam network,

create a custom image.
Include an answer file that will be processed when applying images from Image1.wim.

Create a multicast transmission for Deployment1.

Add an additional image to the Image2.wim file.

NEW QUESTION: 3
WindowsマシンでEAP-TLSを使用して有線802.1Xを構成しました。 ISE認証詳細レポートには、「クライアント証明書チェーンの不明なCAのためにEAP-TLSがSSL / TLSハンドシェイクに失敗しました」と表示されます。このエラーの最も可能性の高い原因は何ですか？
A. スイッチにCA証明書がありません。
B. ISE証明書ストアにCA証明書がありません。
C. Wireless LAN ControllerにCA証明書がありません。
D. Windows Active DirectoryサーバーにCA証明書がありません。
Answer: B

NEW QUESTION: 4
The OAU101 is known to have a single-wave input/output nominal value of -16/+4dBm and a gain range of
20 to 31dB. If there is a -20dBm signal at the input, use DCM(A) (insert loss 4dB) to make it When the nominal output is reached, which of the following values should the gain on the network management be set to?
A. 24dB
B. 20dB
C. 31dB
D. 27dB
Answer: A