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NEW QUESTION: 1
Which two functions of Symantec Messaging Gateway 10.5 can use information retrieved from a directory data source? (Select two.)
A. reputation
B. routing
C. annotation
D. authentication
E. masquerading
Answer: B,D
NEW QUESTION: 2
While testing the company's web applications, a tester attempts to insert the following test script into the search area on the company's web site:
<script>alert(" Testing Testing Testing ")</script>
Afterwards, when the tester presses the search button, a pop-up box appears on the screen with the text:
"Testing Testing Testing". Which vulnerability has been detected in the web application?
A. Distributed denial of service
B. Cross-site scripting
C. Buffer overflow
D. Cross-site request forgery
Answer: B
NEW QUESTION: 3
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.
Is Berg correct about the specified change in yield needed to obtain an accurate estimate of the effective duration and effective convexity of a callable bond using a binomial model?
A. No, because the specified change in yield must be larger than the option-adjusted spread (OAS).
B. No, because the specified change in yield must be smaller than the OAS.
C. No, because the specified change in yield can be larger than, smaller than, or equal to the OAS.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The steps in the process of calculating the effective duration of a callable bond using a binomial tree are as follows:
Step 1: Given assumptions about benchmark interest rates, interest rate volatility, and the call and/or put rule, calculate the OAS for the issue using the binomial model.
Step 2: Impose a small parallel shift in the on-thc-run yield curve by an amount equal to + y.
Step 3: Build a new binomial interest rate tree using the new yield curve.
Step 4: Add the OAS to each of the 1-year forward rates in the interest rate tree to get a "modified" tree.
(We assume that the OAS does not change when interest rates change.)
Step 5: Compute B using this modified interest rate tree.
Step 6: Repeat steps 2 through 5 using a parallel rate shift of- y to estimate a value of BV_ .
There is no restriction on the relationship between the assumed change in the yield ( ) and the OAS.
(Study Session 14, LOS 54.h)
NEW QUESTION: 4
Which three methods used to map users to IP addresses are supported in Palo Alto Networks firewalls? (Choose three.)
A. SNMP server
B. Lotus Domino
C. TACACS
D. RADIUS
E. Active Directory monitoring
F. Client Probing
G. eDirectory monitoring
Answer: C,D,F
Explanation:
https://www.paloaltonetworks.com/documentation/80/pan-os/pan-os/user-id/user-id-concepts/user-mapping
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