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NEW QUESTION: 1
What treatment is used to prevent boiler feed water corrosion?
A. Oxide scavengers are added to process
B. Oxygen scavengers are added to process
C. Sulfur scavengers are added to process
D. Sulfide scavengers are added to process
Answer: B
Explanation:
Explanation/Reference:

NEW QUESTION: 2
Which kind of messages are logged in to the dsmsched.log client file?
A. Messages coming from operating system concerning the client node
B. Scheduler messages
C. Any message that concerns the IBM Spectrum Protect client
D. Client messages
Answer: B
Explanation:
Reference:
https://www.ibm.com/support/knowledgecenter/SSEQVQ_8.1.0/tshoot/b_problem_deter_g uide2.pdf (p.15)

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:

Explanation:

We need a NTFS folder.
In the Advanced settings we can configure the Keep SavedVersions settings.
Finally we turn on File History.

NEW QUESTION: 4
A portfolio manager desires a position of $10m in physical gold, but chooses to get the exposure using gold futures to conserve cash. The volatility of gold is 6% a month, while that of gold futures is 7% a month. The covariance of gold and gold futures is 0.00378 a month. How many gold contracts should he hold if each contract is worth $100k in gold?
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
Explanation
The optimal hedge ratio answers the question of how much of the hedge to buy to hedge a given position.
If 103.11.e1 is the standard deviation of the asset to be hedged, and 103.11.e2 is the standard deviation the asset being used to hedge against price movements in x, then the minimum variance hedge ratio is given by the expression 103.11.e3. In this question, correlation = 0.00378/(6%*7%) = 0.9. The minimum variance hedge ratio is given by (6%/7%)*0.9 = 0.77 He should therefore hold 0.77 x $10m /$100k = 77 contracts.
[We can also do a direct covar based calculation for the min variance hedge ratio as follows:

103.11.a3
= 0.00378 / (0.07 * 0.07) = 0.7714]


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