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NEW QUESTION: 1
Which command backs-up the postgres database on an Avaya Contact Recording Linux server?
A. pg_backup_postgres> backup filename
B. pg_backup - format=c -compress=5 eware> backup filename
C. pg_dump - format=c -compress=5 eware> backup filename
D. backup_postgres> backup filename
Answer: C
Explanation:
Reference:
https://support.avaya.com/public/index?page=content&id=soln213294
NEW QUESTION: 2
プロジェクトの選択手法は次のうちどれですか？
A. パレート分析
B. アーンドバリュー
C. フローチャート
D. 費用便益分析
Answer: D
NEW QUESTION: 3
Which of the statement is not correct for Managed Systems :
Please choose the correct answer.
Response:
A. Sizing of SAP Solution Manager does not include the sizing of the managed systems , but it is strongly dependent on the size of the managed systems and on the number of managed systems connected to the solution manager.
B. SAP Solution Manager runs in a separate central system, to which all other SAP systems are connected. Systems that are administered using the SAP Solution Manager are referred to as managed systems.
C. Sizing of SAP Solution Manager does include the sizing of the managed systems ,and it is not dependent on the size of the managed systems and on the number of managed systems connected to the solution manager.
D. These managed systems can be bundled within a solution.
Answer: A
NEW QUESTION: 4
Michael Thomas, CFA, is a fixed-income portfolio manager for TFC Investments. As part of his portfolio strategy for the Prosperity Fund, Thomas searches for companies that he expects to be upgraded or downgraded. Those potential upgrades he finds are added to the portfolio or if already in the portfolio are increased in proportion to other holdings before the upgrade takes place. Potential downgrades are sold from the portfolio before the downgrade takes place. Thomas is evaluating his portfolio's current holdings which include several bonds issued by companies in the oil and gas exploration and refining industries.
Year-end rating updates are expected to occur in a few days and Thomas is preparing to adjust his portfolio based on expected changes in credit ratings. He has assembled the following annual data on four of the oil and gas stocks in the portfolio:
Exhibit: 1
Thomas has been discussing his fixed-income strategies with a fellow portfolio manager, Shawna Reese.
Reese has indicated that while his initial approach is good, the overall credit analysis strategy could be improved and has made the following suggestions to Thomas for both the Prosperity Fund and other fixed- income funds he manages:
The current methodology does not consider special issues related to high-yield debt which makes up approximately 5% of the Prosperity Fund. Because most high-yield issuers have such a heavy dependence on short-term debt financing, analysis of the firm's debt structure will be extremely important to determine the priority of claims on the firm's assets as well as what source(s) of funds will be used to repay the principal. In addition, the corporate structure of high-yield issuers must be examined to determine the issuer's access to cash flows generated by its subsidiaries. A simple analysis of the parent's financial ratios will not reveal complicated corporate structures and indebtedness of subsidiaries that may restrict the issuer's ability to obtain the cash flows necessary to service its debt.
The current methodology as applied to the Municipal Opportunities Fund does not include the necessary specialized analysis for municipal securities. Among other items, tax-backed munis must be scrutinized as to the issuer's ability to maintain balanced budgets as well as to ensure that the issue has first priority of claims to revenue from public works projects. Revenue-backed munis require an assessment of the sufficiency of rate covenants to cover expenses and debt servicing of the underlying project as well as the ability for other government entities to access the revenues generated by the enterprise before they are passed on to revenue bondholders.
As part of his portfolio analysis, Thomas also examines yield volatility. Thomas makes the following statements:
Statement 1: Implied yield volatility estimates are based on the assumptions that the option pricing model is correct and that volatility is constant.
Statement 2: Yield volatility has been observed to follow patterns over time that can be modeled and used to forecast future volatility.
He concludes his analysis by comparing the swap rate curve to a government bond yield curve as a benchmark.
Which of Thomas's statements concerning yield volatility are correct?
A. Statement 2 only.
B. Statement 1 only.
C. Both statements are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Both statements are correct. Implied volatility can be estimated using observed prices for interest rate derivatives and option pricing models. Implied volatility is criticized because k is based on the assumptions that the option pricing model is correct and that volatility is constant. Yield volatility has been observed to follow patterns over time that can be modeled and used to forecast volatility using autoregressive statistical models. (Study Session 14, LOS 53.g)
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