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NEW QUESTION: 1
An asset manager is of the view that interest rates are currently high and can only decline over the coming 5 years. He has a choice of investing in the following four instruments, each of which matures in 5 years. Given his perspective, what would be the most suitable investment for the asset manager? Assume a flat yield curve.
A. A 15% coupon bond with an yield to maturity of 5%
B. A zero coupon bond with an yield to maturity of 5%
C. A 10% coupon bond with an yield to maturity of 5%
D. A floating rate note with annual resets, with the first year's rate yielding 5%
Answer: B
Explanation:
Explanation
There are two ways to think about this question: First, because the asset manager thinks that interest rates are going to decline, his profit will be maximized if he buys the bond with the greatest duration. The zero coupon bond has the greatest duration among the alternatives listed. Therefore Choice 'c' is the correct answer.
The second way to look at this question is to consider what is called 'reinvestment risk'. Yields to maturity calculations have an implicit assumption that any cash flows received prior to maturity are investible at the ytm rate. Thus, an yield to maturity calculation for a coupon bearing bond assumes that coupon payments get invested at the same rate as the calculated ytm from the time they are received till the time the bond matures.
In an environment where interest rates fall, this assumption will not hold true. Reinvestment risk is the risk that coupons will not be able to earn the ytm that the bond was brought at - and the investor will be at a loss to the extent the money does not earn the ytm rate till the end of the investment. One way to reduce reinvestment risk is to minimize coupon receipts so the money stays invested as part of the bond, and the zero coupon bond helps to do exactly that.
NEW QUESTION: 2
注:この質問は、同じシナリオを提示する一連の質問の一部です。 シリーズの各質問には、記載された目標を達成する可能性のある独自のソリューションが含まれています。 一部の質問セットには複数の正しい解決策がある場合もあれば、正しい解決策がない場合もあります。
このセクションの質問に回答すると、その質問に戻ることはできません。 その結果、これらの質問はレビュー画面に表示されません。
Windows Server 2016を実行するファイルサーバーを管理します。ファイルサーバーには、次の表に示すように構成されたボリュームが含まれます。
BitLockerドライブ暗号化(ButLocker)を使用してDevFilesを暗号化する必要があります。
解決策:Lock-BitLockerコマンドレットを実行します。
これは目標を達成していますか?
A. はい
B. いいえ
Answer: B
Explanation:
Explanation
References: https://docs.microsoft.com/en-us/powershell/module/bitlocker/lock-bitlocker?view=win10-ps
NEW QUESTION: 3
Which two pieces of information are needed when adding an NFS mount point in Cisco UCS Director?
(Choose two.)
A. the IP address of the IP share storage system
B. the locate and organization where the NFS server is located
C. the IP address of the main UCS server
D. the IP address of the NFS server where you plan to store the OS images for Bare Metal Agent to use
E. the location of the NFS server where the OS images are stored
Answer: D,E
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