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NEW QUESTION: 1
A. SMNPV2authnopriv
B. SNMPV3authpriv
C. SMNPV3authnopriv
D. SNMPV2AUTHNOPRIV
E. SNMPV3noauthpriv
F. SNMPV2NOAUTHPRIV
Answer: B
NEW QUESTION: 2
A portfolio manager desires a position of $10m in physical gold, but chooses to get the exposure using gold futures to conserve cash. The volatility of gold is 6% a month, while that of gold futures is 7% a month. The covariance of gold and gold futures is 0.00378 a month. How many gold contracts should he hold if each contract is worth $100k in gold?
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation
The optimal hedge ratio answers the question of how much of the hedge to buy to hedge a given position.
If 103.11.e1 is the standard deviation of the asset to be hedged, and 103.11.e2 is the standard deviation the asset being used to hedge against price movements in x, then the minimum variance hedge ratio is given by the expression 103.11.e3. In this question, correlation = 0.00378/(6%*7%) = 0.9. The minimum variance hedge ratio is given by (6%/7%)*0.9 = 0.77 He should therefore hold 0.77 x $10m /$100k = 77 contracts.
[We can also do a direct covar based calculation for the min variance hedge ratio as follows:
103.11.a3
= 0.00378 / (0.07 * 0.07) = 0.7714]
NEW QUESTION: 3
Which statements describes the result of issuing the spanning-tree portfast trunk command under interface configuration mode?
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C. Trunk interface can be configured for portfast.
D. The portfast trunk port immediately replaces the lost root port with an alternative root port.
Answer: B
NEW QUESTION: 4
Users in separate departments are able to see and edit different fields on Opportunities. The Sales team can edit all fields on the Opportunity while the Support team has read-only access to these fields.
Where is field -level Security controlled for users on these teams?
A. Profile
B. Public Groups
C. Sharing Rules
D. Role
Answer: A
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