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NEW QUESTION: 1
The principle underlying the contingent claims approach to measuring credit risk equates the cost of eliminating credit risk for a firm to be equal to:
A. the cost of a call on the firm's assets with a strike equal to the value of the debt
B. the probability of the firm's assets falling below the critical value for default
C. the value of a put on the firm's assets with a strike equal to the value of the debt
D. the market valuation of the firm's equity less the value of its liabilities
Answer: C
Explanation:
Explanation
Under the contingent claims approach, a firm will default on its debt when the value of its assets fall to less than the face value of the debt. Debt holders can protect themselves against such an event by buying a put on the assets of the firm, where the strike price is equal to the value of the debt. In other words, Risky Debt + Put on the firm's assets = Risk free debt. This is because if the value of the assets is greater than the value of the debt, they will be paid in full. If the value of the assets is lower than the value of the debt, they will exercise the put and be paid in full.
Therefore the value of the put on the firm's assets with a strike equal to the value of the debt represents the cost of eliminating credit risk. Choice 'b' is the correct answer.
Note that it is improbable that a put on the firm's assets is available in real life to debt holders. However, the same effect can be synthetically achieved by using the shares of the firm as a proxy for its assets, and shorting an appropriate number of shares. Such a synthetic put will require frequent readjustments.

NEW QUESTION: 2
Which statement is true when working with PHP and prepared statement?
A. The PDO_MySQL extension supports only server -side emulation.
B. The PDO_MySQL extension supports both client -side and server -side emulation.
C. The mysql1 extension support client-side emulation.
D. The mysql extension supports only client-side emulation.
Answer: B

NEW QUESTION: 3
What happens to a page if a portlet throws an exception during the render-response phase of the ADF Faces Page Request life cycle?
A. The page renders with no content displayed for the corresponding portlet.
B. The page fails to render.
C. The page renders, with an error recorded in a log file.
D. The page renders, displaying the portlet's configured unavailable error message.
Answer: B

NEW QUESTION: 4
Bitte warten Sie, während die virtuelle Maschine geladen wird. Nach dem Laden können Sie mit dem Laborabschnitt fortfahren. Dies kann einige Minuten dauern, und die Wartezeit wird nicht von Ihrer gesamten Testzeit abgezogen.
Wenn die Schaltfläche Weiter verfügbar ist, klicken Sie darauf, um auf den Laborabschnitt zuzugreifen. In diesem Abschnitt führen Sie eine Reihe von Aufgaben in einer Live-Umgebung aus. Während Ihnen die meisten Funktionen wie in einer Live-Umgebung zur Verfügung stehen, sind einige Funktionen (z. B. Kopieren und Einfügen, Navigieren zu externen Websites) nicht beabsichtigt.
Die Bewertung basiert auf dem Ergebnis der Ausführung der im Labor angegebenen Aufgaben. Mit anderen Worten, es spielt keine Rolle, wie Sie die Aufgabe ausführen. Wenn Sie sie erfolgreich ausführen, erhalten Sie für diese Aufgabe eine Gutschrift.
Die Labore sind nicht separat geplant, und diese Prüfung kann mehr als ein Labor umfassen, das Sie absolvieren müssen. Sie können so viel Zeit verwenden, wie Sie für jedes Labor benötigen. Sie sollten Ihre Zeit jedoch angemessen verwalten, um sicherzustellen, dass Sie die Labore und alle anderen Abschnitte der Prüfung in der angegebenen Zeit abschließen können.
Bitte beachten Sie, dass Sie nach dem Einreichen Ihrer Arbeit durch Klicken auf die Schaltfläche Weiter in einem Labor NICHT mehr zum Labor zurückkehren können.
Benutzername und Passwort

Verwenden Sie bei Bedarf die folgenden Anmeldeinformationen:
Um Ihr Passwort einzugeben, setzen Sie Ihren Cursor in das Feld Passwort eingeben und klicken Sie auf das Passwort unten.
Benutzername: Contoso / Administrator
Passwort: Passw0rd!
Die folgenden Informationen dienen nur dem technischen Support:
Laborinstanz: 10921597

Sie müssen auf Client2 ein Benutzerkonto mit dem Namen User5 erstellen. Die Lösung muss die folgenden Anforderungen erfüllen:
* Verhindern Sie, dass Benutzer5 das Kennwort des Kontos ändert.
* Stellen Sie sicher, dass Benutzer5 Sicherungen durchführen kann.
* Verwenden Sie das Prinzip der geringsten Privilegien.
Um diese Aufgabe abzuschließen, melden Sie sich bei dem oder den erforderlichen Computern an.
Answer:
Explanation:
See explanation below.
On Client2, press the Win + X keys on your keyboard. Then, click or tap the Computer Management option from the menu.
Expand the Local Users and Groups from the left side of the window, and select Users.
Right-click somewhere on the blank space found in the middle section of the window, and click or tap on New User. This opens the New User window, where you can enter all the details about the new user account.
Type the user name and, optionally, its full name and description.
Type the password to be used for that user and confirm it.
Select the User cannot change password check box.
Click Create and Windows immediately creates the user account. When you are done creating user accounts, click Close in the New User window.
Press the Win + R keys to open Run, type secpol.msc into Run, and click/tap on OK to open Local Security Policy.
Expand open Local Policies in the left pane of Local Security Policy, click/tap on User Rights Assignment, and double click/tap on the policy in the right pane.
Click/tap on the Add User or Group
Click/tap on the Object Types
Check all the boxes for Object types, and click/tap on the
Click/tap on the Advanced
Click/tap on the Find Now
Click/tap on OK.
Click/tap on OK.
When finished, you can close Local Users and Groups.
Reference:
https://www.digitalcitizen.life/geeks-way-creating-user-accounts-and-groups
https://docs.microsoft.com/en-us/windows/security/threat-protection/security-policy-settings/user-rights-assignm