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NEW QUESTION: 1
Which appliance does not need any licensing and is fully operable after deployment?
A. Blue Coat Director
B. ProxyAV
C. ProxyRA
D. ProxySG
Answer: A
Explanation:
Reference:http://forums.bluecoat.com/viewtopic.php?f=3&t=1996

NEW QUESTION: 2
Kwagmyre Investments, Ltd., hold two bonds: a callable bond issued by Mudd Manufacturing Inc. and a putable bond issued by Precarious Builders. Both bonds have option adjusted spreads (OAS) of 135 basis points (bp). Kevin Grisly, a junior analyst at the firm, makes the following statements (each statement is independent). Apparently, Grisly could benefit from a CFA review course, because the only statement that could be CORRECT is:
A. The cost of the call option on the Mudd bond is -15bp.
B. The Z-spread for Mudd's bond is based on the YTM.
C. The spread over the spot rates for a Treasury security similar to Mudd's bond is 145 bp.
D. Given a nominal spread for Precarious Builders of 110 bp, the option cost is -25 bp.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The "spread over the spot rates for a Treasury security similar to Mudd's bond" refers to the Z-spread on the bond.For a callable bond, the OAS < Z-spread, so this could be a true statement because 135bp < 145 bp.
The other statements are false. The option cost is calculated using the OAS and theZ-spread,not the nominal spread. The cost of the call option should be positive.(The issuer has to compensate for increased uncertainty from the call option.) The static spread (or Z-spread)is the spread over each of the spot rates in a given Treasury term structure,not the spread over the Treasury's YTM.
Following is a more detailed discussion:
The option-adjusted spread(OAS) is used when a bond has embedded options. The OAS can be thought of as the difference between the static or Z-spread and the option cost. For the exam, remember the following relationship between the static spread (Z-spread), the OAS, and the embedded option cost:
Z Spread - OAS = Option Cost in % terms
Remember the following option value relationships:

NEW QUESTION: 3
Why would you use the FormatDate() function?
A. To format a date so that it is displayed as a string when it is concatenated with another string.
B. To convert a date object into a string object.
C. To modify the format of a string object into a non-standard date format.
D. To convert a string object into a date object.
Answer: A,B

NEW QUESTION: 4
You have a web application that should be automatically deployed to a standard environment, including two staging web servers. You USE the LabDefaultTemplate.11.xaml build process template for your build definition.
You plan to run automated tests on the application as part of the build process.
You need to configure the build definition to deploy the application.
What should you do?
A. In the build definition, specify the MS Build arguments as /p:DeployOnBuild=true;DeployTargetPackage.
B. In the build definition, specify Private Drop Location. Indicate the scripts to be executed after a successful build.
C. Define separate drop folders for each web server.
D. Create deployment scripts to perform the deployment. In the Deploy section of the build process template, select Deploy the build and specify the computer names and the scripts to be executed.
Answer: D

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