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NEW QUESTION: 1
Why is sensitive information graded?
A. To improve awareness of employees
B. To determine how the information should be processed
C. To permit the recipient to archive received information
D. To determine the applicable back-up scheme
Answer: B
NEW QUESTION: 2
以下の各ステートメントについて、ステートメントが真である場合は「はい」を選択します。それ以外の場合は、「いいえ」を選択します。
注:それぞれの正しい選択には1ポイントの価値があります。
Answer:
Explanation:
NEW QUESTION: 3
Which of the following should a security technician implement to identify untrusted certificates?
A. CA
B. CRL
C. Recovery agent
D. PKI
Answer: B
Explanation:
Untrusted certificates and keys are revoked and put into the CRL.
Note: The CRL (Certificate revocation list) is exactly what its name implies: a list of subscribers paired with digital certificate status. The list enumerates revoked certificates along with the reason(s) for revocation. The dates of certificate issue, and the entities that issued them, are also included.
NEW QUESTION: 4
Which of the following is NOT true about a fixed rate bond:
I. The higher the coupon, the lower the duration
II. The higher the coupon, the lower the convexity
III. If the bond is callable, it has negative modified duration
IV. If the bond is callable, the bond has negative convexity
A. III
B. I
C. II
D. IV
Answer: A
Explanation:
Explanation
A higher coupon brings forward the cash flows of a bond, thereby lowering duration. Therefore statement I is true. The lower the duration the lower the convexity. Therefore a higher coupon leads to lower duration and therefore lower convexity. Thus statement II is true.
Bonds do not have negative modified duration, therefore statement III is false.
If the bond is callable, it leads to negative convexity as a fall in interest rates is likely to induce the issuer to call the bond and re-issue at the new lower interest rates (much like refinancing mortgages when interest rates fall), therefore the upside from a fall in rates is limited. This creates 'negative convexity'. Thus statement IV is correct.
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DEX-403 Exam Info
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DEX-403 Exam Topics
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DEX-403 Offcial Page
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