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NEW QUESTION: 1
Thus far, predictions that global ________ would lead to mass starvation have proven false; however, in
the years to come, population - _________ may yet prove to be one of the world's greatest problems.
A. warfare . . stabilization
B. pollution . . expansion
C. poverty . . density
D. deforestation . . control
E. overcrowding . . growth
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The word "however" tells you that the two halves of the sentence contrast with one another. The first half
says that "predictions" of "mass starvation have proven false"; the second half says that, in the future,
(something) "may yet prove to be one of the world's greatest problems." Thus, the contrast involves the
idea that a problem which doesn't exist now may come to exist in the future; the same problem is being
discussed in the both parts of the sentence. Choice(B), then, makes sense because "global overcrowding"
and "population growth" describe the same problem.

NEW QUESTION: 2
A pension fund has $100m in liabilities due in the future with an average modified duration of 20 years. The fund also holds a fixed income portfolio worth $125m with an average duration of 15 years. Which of the following approaches would be best suited for the pension fund to cover its interest rate risk?
A. The pension fund does not have any interest rate risk as assets more than adequately cover its liabilities
B. Enter into an interest rate swap to receive floating and pay fixed
C. Sell 15 year bond futures
D. Enter into an interest rate swap to receive fixed and pay floating
Answer: D
Explanation:
Explanation
In this case, we need a portfolio that is "dollar duration" neutral, ie the net effect of any change in interest rates creates offsetting gains and losses in the asset and liability portfolios. The $125m asset portfolio with a duration of 15 years has a dollar-duration of $125*15/100=$18.75m, implying that a 1% change in interest rates will create a $18.75m change in the value of the asset portfolio. Similarly, the liabilities of $100m with a duration of 20 years mean that a 1% change in interest rates will lead to a $20m change in their value. Since
$18.75m<$20m, the pension fund is short duration, and needs a strategy that will give it more duration. It can do so by buying more bonds, or swapping out some of its shorter duration bonds with longer duration bonds, or doing other things that will increase the duration of the portfolio so it becomes duration neutral.
Entering into an interest rate swap to receive fixed and pay floating is like a long position in a bond, which will increase duration. Thus Choice 'b' is the correct answer.
A swap to pay fixed and receive floating will have the opposite effect, and so will selling bond futures. Choice
'c' and Choice 'a' are therefore incorrect. As we have seen, Choice 'd' is incorrect as the fund does have interest rate exposure.

NEW QUESTION: 3
You have been assigned as the Project Manager for a new project that involves deployment of a new software application to all your organization's users. The timeline is aggressive, and this software is being deployed on your company's architecture for the first time. In addition, your project steering committee has specified an allowable budget for your project. You plan to use an outside company for this deployment. Which of the following contract types is BEST suited for you to negotiate?
A. Lowest bid
B. Cost reimbursable
C. Time and material
D. Fixed price
Answer: D

NEW QUESTION: 4
Sie haben eine Synchronisierungsgruppe, deren Endpunkte in der folgenden Tabelle aufgeführt sind.

Cloud-Tiering ist für Endpoint3 aktiviert.
Sie fügen eine Datei mit dem Namen File1 zu Endpoint1 und eine Datei mit dem Namen File2 zu Endpoint2 hinzu.
Sie müssen identifizieren, auf welchen Endpunkten File1 und File2 innerhalb von 24 Stunden nach dem Hinzufügen der Dateien verfügbar sind.
Was solltest du identifizieren? Wählen Sie zum Beantworten die entsprechenden Optionen im Antwortbereich aus.
HINWEIS: Jede richtige Auswahl ist einen Punkt wert.

Answer:
Explanation:

Explanation

File1: Endpoint3 only
Cloud Tiering: A switch to enable or disable cloud tiering. When enabled, cloud tiering will tier files to your Azure file shares. This converts on-premises file shares into a cache, rather than a complete copy of the dataset, to help you manage space efficiency on your server. With cloud tiering, infrequently used or accessed files can be tiered to Azure Files.
File2: Endpoint1, Endpoint2, and Endpoint3
References:
https://docs.microsoft.com/en-us/azure/storage/files/storage-sync-cloud-tiering