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NEW QUESTION: 1
You are setting up Time Machine on your Mac. Where can Time Machine store its backup files?
A. DVD-R disc
B. iCloud
C. external USB hard disk
D. internal startup volume
Answer: C

NEW QUESTION: 2
What would be the most profitable strategy for an investor who expects interest rates to rise:
A. long floating rate notes
B. short fixed rate bonds
C. long inverse floaters
D. long inflation linked bonds
Answer: B
Explanation:
Explanation
A rise in interest rates will cause fixed rate bond prices to fall. It will not affect the floating rate notes as their rates are going to float with the changes in interest rates. Inflation linked bonds will only be affected by changes in real interest rates, and even in a situation where the rise in interest rates is happening due to an increase in the real rates, a long position would hurt. As interest rates rise, the coupon payable on the inverse floater would fall, hurting a long position.
Of the given alternatives, the only position that would benefit from a rise in interest rates is the short position in fixed rate bonds. Hence Choice 'd' is the correct answer.

NEW QUESTION: 3
Which two of the following statements correctly describe architecture and design? (Choose two.)
A. The architecture shows building blocks and abstract capabilities of a system and the relationships between the individual components.
B. The design shows concrete products, expected performance, and scalability options of a solution.
C. The design is the basis for creating the architecture.
D. The architecture includes a description of the best possible solution.
Answer: A,B
Explanation:
Explanation