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NEW QUESTION: 1
You have a Windows Deployment Services (WDS) server named WDS1. WDS1 is used to deploy an image of Windows 8.1 Pro named Image1 to the computers in a classroom. The computers are redeployed every day. WDS1 only contains one install image.
Every morning on each computer, a technician must press F12, and then choose Image1.
You need to automate the process of deploying Image1 to the computers. Image1 must be deployed automatically to the computers when they are turned on.
Which two actions should you perform on WDS1? Each correct answer presents part of the solution.
A. Configure the PXE Response settings.
B. Configure a Multicast Transmission.
C. Configure the Network settings.
D. Configure the Client settings.
E. Configure the Boot settings.
Answer: A,E
Explanation:
References: https://technet.microsoft.com/en-us/library/cc771788(v=ws.10).aspx
NEW QUESTION: 2
Note: This question is part of series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have an Azure Active Directory (Azure AD) tenant named contoso.com.
A user named Admin1 attempts to create an access review from the Azure Active Directory admin center and discovers that the Access reviews settings are unavailable. Admin1 discovers that all the other Identity Governance settings are available.
Admin1 is assigned the User administrator, Compliance administrator, and Security administrator roles.
You need to ensure that Admin1 can create access reviews in contoso.com.
Solution: You assign the Service administrator role to Admin1.
Does this meet the goal?
A. No
B. Yes
Answer: A
Explanation:
Instead use Azure AD Privileged Identity Management.
Note: PIM essentially helps you manage the who, what, when, where, and why for resources that you care about. Key features of PIM include:
Conduct access reviews to ensure users still need roles
References:
https://docs.microsoft.com/en-us/azure/active-directory/privileged-identity-management/pim-configure
NEW QUESTION: 3
William Rogers, a fixed-income portfolio manager, needs to eliminate a large cash position in his portfolio.
He would like to purchase some corporate bonds. Two bonds that he is evaluating are shown in Exhibit I.
These two bonds are from the same issuer, and the current call price for the callable bond is 100. Assume that the issuer will call if the bond price exceeds the call price.
Rogers is also concerned about increases in interest rates and is considering the purchase of a putable bond. He ants to determine how assumed increases or decreases in interest rate volatility affect the value of the straight bonds and bonds with embedded options. After Rogers performs some analysis, he and his supervisor, Sigourney Walters, discuss the relative price movement between the two bonds in Exhibit 1 when interest rates change significantly During the discussions, Rogers makes the following statements:
Statement 1: If the volatility of interest rates decreases, the value of the callable bond will increase.
Statement 2: The noncallable bond will not be affected by a change in the volatility or level of interest rates.
Statement 3: When interest rates decrease, the value of the noncallable bond increases by more than the callable bond.
Statement4: If the volatility of interest rates increases, the value of the putable bond will increase.
Walters mentors Rogers on bond concepts and then asks him to consider the pricing of a third bond. The third bond has five years to maturity, a 6% annual coupon, and pays interest semiannually. The bond is both callable and putable at 100 at any time. Walters indicates that the holders of the bond's embedded options will exercise if the option is in-the-money.
Rogers obtained the prices shown in Exhibit b using software that generates an interest rate lattice. He uses his software to generate the interest rate lattice shown in Exhibit 2.
Exhibit 2: Interest Rate Lattice (Annualized Interest Rates)
For this question only, ignore the information from Exhibit 1 and any other calculations in other questions.
Rather, assume that the interest rate lattice provided in Exhibit 2 is constructed to be arbitrage-free.
However, when Rogers calculates the price of the callable bond using the interest rates in the lattice, he gets a value higher than the market price of the bond.
Is the price of the third callable and putable bond likely to be less than, equal to, or greater than 100%, and is the option-adjusted spread (OAS) on the callable bond likely to be zero, positive, or negative?
Price of third bond OAS of callable bond
A. Equal to 100% Positive
B. Less than 100% Zero
C. Greater than 100% Negative
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In this case, the bond is callable and putable at the same price (100). Since Walters states thai the embedded options (the issuer's call option and the holder's put option) will be exercised if the option has value (i.e., is in-the-money), the value of the bond must be 100 (plus the interest) at all times. Why? If rates fall and the computed value goes above 100, the company will call the issue at 100. Conversely, if rates increase and the computed value goes below 100, the bondholder will "put" the bond back to the issuer for
100.
The OAS is a constant spread added to every interest rate in the tree so that the model price of the bond is equal to the market price of the bond. In this case, using the interest rate lattice, the model price of the callable bond is greater than the market price. Hence, a positive spread must be added to every interest rate in the lattice. When a constant spread is added to all the rates such that the model price is equal to the market price, you have found the OAS. The OAS will be positive for the callable bond. (Study Session 14, LOS 54.g)
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