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NEW QUESTION: 1
A network technician has been tasked with designing a WLAN for a small office. One of the requirements of this design is that it is capable of supporting HD video streaming to multiple devices. Which of the following would be the appropriate wireless technology for this design?
A. 802.11b
B. 802.11ac
C. 802.11a
D. 802.11g
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In this question, we need a wireless network capable of supporting HD video streaming to multiple devices.
We therefore need the fastest wireless network speed available.
8
02.11 is a set of IEEE standards that govern wireless networking transmission methods. The 802.11 standards commonly used today to provide wireless connectivity in home or office wireless networks are
02.11a, 802.11b, 802.11g, 802.11n and 802.11ac.
8
The 802.11ac standard is the fastest wireless network supporting speeds of over 3Gbps and uses the 5- GHz band.

NEW QUESTION: 2
다음 중 참여 권장 사항에 해당되는 것은 무엇입니까?
I. 구현에 대한 특정 제안이 포함되어야 합니다.
II. 내부 감사인의 관찰 및 결론은 기초가 될 수 있습니다.
III. 기존 조건을 수정하거나 작업을 개선하기 위한 조치가 포함될 수 있습니다.
IV.
성능을 수정하거나 향상시키는 방법이 제안 될 수 있습니다.
A. II, III, and IV only
B. I only
C. III only
D. I, III, and IV only
Answer: A

NEW QUESTION: 3
Mike Diffle has been asked to evaluate the bonds of Hardin, Inc. The specific issue Diffle is considering has an 8% annual coupon and matures in two years. The bonds are currently callable at 101, and beginning in six months, they are callable at par. Bratton Corp, a competitor of Hardin's, also has bonds outstanding which are identical to Hardin's except that they are not callable. Diffle believes that the AA rating of both bonds is an accurate reflection of their credit risk. Diffle is wondering if the Bratton bonds might be a better investment than the Hardin bonds. Assume that the following 1-year interest rate tree is used to value bonds with a maturity of up to three years (this tree assumes interest rate volatility of 10%).

Also, assume that the appropriate spot rates for securities maturing in one, two, and three years are 7.25%
,7.5%, and 7.80%, respectively.
Diffle believes he should begin his analysis with the option-free Bratton bonds. He decides to consider two different approaches to valuing the Bratton Bonds-one that uses the current spot rate curve and another that uses the interest rate tree given above.
For the next step in his analysis, Diffle has decided to calculate the value of the Hardin bonds using the interest rate tree. His assumption is that the bond will be called ai any node of the tree where the calculated value exceeds the call price. Diffle summarizes the results of his bond valuation analysis in a memo to his supervisor, Luke Puldo. In this memo, Diffle makes the following statements:
Statement 1: The value of the option embedded in the Hardin bonds can be derived by simply subtracting the interest rate tree value of the Hardin bonds from the interest rate tree value of the Bratton bonds.
Statement 2: I am concerned that the 10% volatility assumption used to develop the interest rate tree might be too low. A higher volatility assumption would result in a lower value for the Hardin bonds.
After reviewing Diffle's analysis, Puldo notes that Diffle has not included any information on the option adjusted spread (OAS) for the Hardin bonds. Puldo suggests that Diffle should evaluate the OAS in order to get an idea of the liquidity risk of the Hardin bonds. Diffle counters that the OAS may not be very informative in this case, since he is uncertain as to the reliability of the interest rate volatility assumption.
To finish his analysis, Diffle would like to use his binomial model to evaluate the interest rate risk of both the Hardin bonds and the Bratton bonds. Diffle has shocked interest rates by 25 basis points throughout the interest rate tree he has been using to value the two bond issues. Using the new rates, Diffle has calculated values for the bonds assuming a 25-basis-point increase or decrease in rates. He plans to use these values as inputs into the following formulas for duration and convexity:

Which of the following most accurately critiques the OAS discussion between Diffle and Puldo? Puldo is:
A. correct that the OAS will provide insight into the liquidity risk of the Hardin bonds, and Diffle is correct that different volatility assumptions would change the OAS.
B. incorrect that the OAS will provide insight into the liquidity risk of the Hardin Bonds, but Diffle is correct that different volatility assumptions would change the OAS.
C. correct that the OAS will provide insight into the liquidity risk of the Hardin Bonds, but Diffle is incorrect since OAS implicitly adjusts for the volatility of interest rates.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The OAS removes the yield difference due to the features of the embedded option, and leaves a spread that reflects the difference in credit risk and liquidity risk. Since in this case the credit risk of the bonds is similar, the OAS could prove helpful in evaluating the relative liquidity risk. OAS will be affected by different assumptions regarding the volatility of interest rates. (Study Session 14, LOS 54.g)

NEW QUESTION: 4
There are just three inputs to the assess proposed solution process. Which of the following is not one of the inputs for the assess proposed solution process?
A. Decision analysis
B. Assumptions and constraints
C. Requirements
D. Solution options
Answer: A
Explanation:
Explanation/Reference:
Explanation: