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NEW QUESTION: 1
Refer to the exhibit. What can be concluded from the output of the debug command?

A. The output represents normal OSPF operation.
B. The OSPF router connected to interface Serial0/1 has NOT formed a neighbor relationship with the
Border router.
C. A router is connected to interface Serial0/3 of the Border router. The OSPF router ID of the connected
router is the IP address of the connected interface.
D. The interfaces of two OSPF routers connected to the Border router are in the same subnet.
Answer: B

NEW QUESTION: 2
Which two activities are NOT supported by the Data Recovery Advisor (DRA)? (Choose two.)
A. Diagnose and repair a data file corruption online.
B. Diagnose and repair failures on a standby database.
C. Diagnose and repair a data file corruption offline.
D. Recover from failures in the RAC environment.
Answer: B,D
Explanation:
Explanation/Reference:
Explanation:
Data Recovery Advisor
The Data Recovery Advisor automatically gathers data failure information when an error is encountered. In addition, it can proactively check for failures. In this mode, it can potentially detect and analyze data failures before a database process discovers the corruption and signals an error. (Note that repairs are always under human control.)
Data failures can be very serious. For example, if your current los files are missing, you cannot open your database. Some data failures (like block corruptions in data files) are not catastrophic because they do not take the database down or prevent you from opening the Oracle instance. The Data Recovery Advisor handles both cases: the one when you cannot start up the database (because required database files are missing, inconsistent, or corrupted) and the one when file corruptions are discovered during run time.
Supported Database Configurations
In the current release, the Data Recovery Advisor supports single-instance databases. Oracle Real Application Clusters databases are not supported.
The Data Recovery Advisor cannot use blocks or files transferred from a standby database to repair failures on a primary database. Furthermore, you cannot use the Data Recovery Advisor to diagnose and repair failure on a standby database. However, the Data Recovery Advisor does support failover to a standby database as a repair option (as mentioned above).

NEW QUESTION: 3
Jonathan Weil, CFA, is the managing director of Weil Capital Management (WCM). Weil has decided to reevaluate the asset backed security (ABS) positions in his investors' portfolios since a recent, and severe, credit problem in the subprime lending industry has had ripple effects on other fixed-income markets. Weil expects the interest rate term structure to remain flat, but shift upward as credit terms tighten. Weil has asked one of his analysts, Vanessa Ordon, to assist him in analyzing potential ABS investments, including some products he is unfamiliar with.
Ordon provides an assessment of ABS backed by auto loans, credit card receivables, and closed end home equity loans. Ordon has assembled the following information on the collateral, credit enhancements, and prepayment risk associated with each type of ABS.

Ordon has also assembled the following information on the structure of a closed end home equity loan (HEL) asset backed security. Ordon has presented the security to Weil as a potential investment opportunity, but Weil is concerned about its default and prepayment risks. The HEL ABS does not have a shifting interest mechanism.

Ordon has also developed an assessment of mortgage backed securities (MBS). Ordon has assembled the following information related to a mortgage backed security.
Which of the following best describes the initial reaction of the home equity loan backed ABS Ordon presented to Weil if there is a collateral default of $30 million?
A. The principal value of Tranche E will fall to $24 million.
B. The principal value of Tranche D will fall to $31 million.
C. The principal value of Tranche E will fall to $49 million.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The home equity loan ABS has an internal credit enhancement known as over-collateralization. The principal of the collateral equals $475 million. The principal of the tranches, however, totals only $450 million (180 + 112.5 + 67.5 + 36 + 54). The over-collatcralization feature is included in ABS to protect the tranches from collateral defaults. Thus $25 million of the $30 million default stated in the question would first be absorbed by the extra collateral. This leaves a $5 million default that must be absorbed by one of the tranches. Tranche E has been subordinated to Tranches A - D, a structure known as credit tranching.
Losses resulting from defaults (a credit event) are absorbed by Tranche E first until the principal backing the tranche is exhausted. The remaining $5 million default gets absorbed by Tranche E, reducing the principal to $49 million (54 - 5). (Study Session 15, LOS 56.b,e)


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