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NEW QUESTION: 1
エンジニアが非標準ポートを使用してWeb認証を構成しており、トラフィックを正しいポートにリダイレクトするためのスイッチが必要です。このタスクを実行するには、どのコマンドを使用する必要がありますか?
A. ip http port <port number>
B. permit tcp any any eq <port number>
C. aaa group server radius proxy
D. aaa group server radius
Answer: A
NEW QUESTION: 2
Which of the following resource is the MOST critical when cloud file-storage synchronization applications?
A. I/O bandwidth
B. Ram utilization
C. Disk speed
D. CPU utilization
Answer: A
NEW QUESTION: 3
Which of the following situations are not suitable for applying parametric VaR:
I. Where the portfolio's valuation is linearly dependent upon risk factors II. Where the portfolio consists of non-linear products such as options and large moves are involved III. Where the returns of risk factors are known to be not normally distributed
A. I and III
B. I and II
C. II and III
D. All of the above
Answer: C
Explanation:
Explanation
Parametric VaR relies upon reducing a portfolio's positions to risk factors, and estimating the first order changes in portfolio values from each of the risk factors. This is called the delta approximation approach. Risk factors include stock index values, or the PV01 for interest rate products, or volatility for options. This approach can be quite accurate and computationally efficient if the portfolio comprises products whose value behaves linearly to changes in risk factors. This includes long and short positions in equities, commodities and the like.
However, where non-linear products such as options are involved and large moves in the risk factors are anticipated, a delta approximation based valuation may not give accurate results, and the VaR may be misstated. Therefore in such situations parametric VaR is not advised (unless it is extended to include second and third level sensitivities which can bring its own share of problems).
Parametric VaR also assumes that the returns of risk factors are normally distributed - an assumption that is violated in times of market stress. So if it is known that the risk factor returns are not normally distributed, it is not advisable to use parametric VaR.
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