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NEW QUESTION: 1
Shaker Chin has an 11.000%, 4 year bond that is selling for a price of $98.432 and is currently yielding 11.50%. The table below shows how the price will vary given a 235 Basis Point change in market interest rates. Assuming the duration is 3.159 and the convexity is 6.296, what is the total estimated percentage price change based on a 235 BP market rate increase?
A. -7.0769%
B. -4.1071%
C. 7.7723%
Answer: A
Explanation:
This answer requires candidates to recognize how to handle an interest rate decrease. The duration estimate is a negative while the positive convexity is a positive adjustment. The detailed solution follows.
Estimated change using duration = Approximate percentage price change = -duration * dy *100, since duration = 3.159 and dy =
The estimated change associated with duration = -7.425%
Convexity adjustment = convexity measure * (dy)2 * 100 Since convexity = 6.296, and (dy)2 = (0.0235)2
The adjustment associated with convexity = +0.348%
Total estimated percentage price change = The estimated change associated with duration + estimated change associated with convexity = -7.425% + 0.348% =-7.0769%
Another simple solution is to take prices as given:
(91.466 - 98.432)/98.432 = - 0.070770 = -7.0770%.
However, you'd better understand how to derive the answer using duration and convexity!

NEW QUESTION: 2
You created an encrypted tablespace:

You then closed the encryption wallet because you were advised that this is secure.
Later in the day, you attempt to create the EMPLOYEES table in the SECURESPACE tablespace with the SALT option on the EMPLOYEE column.
Which is true about the result?
A. It creates the table successfully, and encrypts any inserted data in the EMPNAME column because the wallet needs to be open only for tablespace creation.
B. It generates error when creating the table, because the salt option cannot be used with encrypted tablespaces.
C. It generates an error when creating the table because the wallet is closed.
D. It creates the table successfully but does not encrypt any inserted data in the
EMPNAME column because the wallet must be opened to encrypt columns with SALT.
Answer: A
Explanation:
* The environment setup fortablespace encryption is the same as that for transparent data encryption. Before attempting to create an encrypted tablespace, a wallet must be created to hold the encryption key.
* Setting the tablespace master encryption key is a one-time activity. This creates the master encryption key for tablespace encryption. This key is stored in an external security module (Oracle wallet) and is used to encrypt the tablespace encryption keys.
* Before you can create an encrypted tablespace, the Oracle wallet containing the tablespace master encryption key must be open. The wallet must also be open before you can access data in an encrypted tablespace.
* Salt is a way to strengthen the security of encrypted data. It is a random string added to the data before itis encrypted, causing repetition of text in the clear to appear different when encrypted. Salt removes the one common method attackers use to steal data, namely, matching patterns of encrypted text.
* ALT | NO SALT By default the database appends a random string, called "salt," to the clear text of the column before encrypting it. This default behavior imposes some limitations on encrypted columns:
/ If you specify SALT during column encryption, then the database does not compress the data in the encrypted column even if you specify table compression for the table. However, the database does compress data in unencrypted columns and encrypted columns without the SALT parameter.

NEW QUESTION: 3




Default_Home



















A. Option C
B. Option A
C. Option B
D. Option E
E. Option D
Answer: A,B
Explanation:
Explanation
First, navigate to the Configuration ->NAT Rules tab to see this:

Here we see that NAT rule 2 applies to the AnyConnect clients, click on this rule for more details to see the following:

Here we see that it is a static source NAT entry, but that the Source and Destination addresses remain the original IP address so they are not translated.

NEW QUESTION: 4
What are three modular Layer 3 processes in Cisco Nexus Operating System? (Choose three.)
A. OSPF
B. HSRP
C. STP
D. PIM
E. Cisco Discovery Protocol
F. UDLD
Answer: A,B,D
Explanation:
Explanation/Reference:
Explanation:
"PIM is IP routing protocol-independent and can leverage whichever unicast routing protocols are used to populate the unicast routing table, including Enhanced Interior Gateway Routing Protocol (EIGRP), Open Shortest Path First (OSPF), Border Gateway Protocol (BGP), and static routes. PIM uses this unicast routing information to perform the multicast forwarding function. Although PIM is called a multicast routing protocol, it actually uses the unicast routing table to perform the RPF check function instead of building up a completely independent multicast routing table. Unlike other routing protocols, PIM does not send and receive routing updates between routers." http://www.cisco.com/en/US/docs/ios/solutions_docs/ ip_multicast/White_papers/mcst_ovr.html#w p1009068
"Hot Standby Router Protocol (HSRP) is a Cisco proprietary redundancy protocol for establishing a fault tolerant default gateway.
In the configuration procedures, the specified interface must be a Layer 3 interface:" http://www.cisco.com/ en/US/docs/switches/lan/catalyst3750/software/release/12.2_55_se/configur ation/guide/swhsrp.html OSPF (Open Shortest Path First) - routing protocol.