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NEW QUESTION: 1
There are two bonds in a portfolio, each with a market value of $50m. The probability of default of the two bonds over a one year horizon are 0.03 and 0.08 respectively. If the default correlation is zero, what is the one year expected loss on this portfolio?
A. $11m
B. $1.38m
C. $5.26m
D. $5.5m
Answer: D
Explanation:
Explanation
The probabilities of default of the two bonds are independent (as indicated by a zero default correlation). The various possible states of the portfolio are as follows:
First bond defaults, and the second does not: Probability * Loss = 0.03*0.92 * $50m = $1.38m Second bond defaults, and the first does not: Probability * Loss = 0.97*0.08 * $50m = $3.88m Both bonds default: Probability * Loss = 0.03*0.08 * $100m = $0.24m Thus total expected loss on this portfolio = $5.5m. Since recovery rates are not provided, those should be assumed to be zero.
There is an easier way to solve this as well: default correlation does not affect expected losses, but their volatility. You can calculate the expected losses of the two bonds and add them up, ie, $50m*0.03 + $50m
*0.08 = $5.5m
NEW QUESTION: 2
재무 부서 감사관에게 어떤 블레이드를 사용해야 합니까?
A. 파트너 정보
B. 개요
C. 결제 수단
D. 송장
Answer: D
Explanation:
Explanation
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Scenario: During the testing phase, auditors in the finance department must be able to review all Azure costs from the past week.
References: https://docs.microsoft.com/en-us/azure/billing/billing-download-azure-invoice-daily-usage-date
Topic 2, Contoso Ltd
Overview
Contoso, Ltd. is a manufacturing company that has offices worldwide. Contoso works with partner organizations to bring products to market.
Contoso products are manufactured by using blueprint files that the company authors and maintains.
Existing Environment
Currently, Contoso uses multiple types of servers for business operations, including the following:
* File servers
* Domain controllers
* Microsoft SQL Server servers
Your network contains an Active Directory forest named contoso.com. All servers and client computers are joined to Active Directory.
You have a public-facing application named App1. App1 is comprised of the following three tiers:
* A SQL database
* A web front end
* A processing middle tier
Each tier is comprised of five virtual machines. Users access the web front end by using HTTPS only.
Requirements
Planned Changes
Contoso plans to implement the following changes to the infrastructure:
Move all the tiers of App1 to Azure.
Move the existing product blueprint files to Azure Blob storage.
Create a hybrid directory to support an upcoming Microsoft Office 365 migration project.
Technical Requirements
Contoso must meet the following technical requirements:
* Move all the virtual machines for App1 to Azure.
* Minimize the number of open ports between the App1 tiers.
* Ensure that all the virtual machines for App1 are protected by backups.
* Copy the blueprint files to Azure over the Internet.
* Ensure that the blueprint files are stored in the archive storage tier.
* Ensure that partner access to the blueprint files is secured and temporary.
* Prevent user passwords or hashes of passwords from being stored in Azure.
* Use unmanaged standard storage for the hard disks of the virtual machines.
* Ensure that when users join devices to Azure Active Directory (Azure AD), the users use a mobile phone to verify their identity.
Minimize administrative effort whenever possible.
User Requirements
Contoso identifies the following requirements for users:
Ensure that only users who are part of a group named Pilot can join devices to Azure AD.
Designate a new user named Admin1 as the service administrator of the Azure subscription.
Ensure that a new user named User3 can create network objects for the Azure subscription.
NEW QUESTION: 3
Which of the following is the minimum subnet mask to allow 172.16.1.5 and 172.16.4.3 to be on the same subnet?
A. /21
B. /22
C. /24
D. /19
Answer: A
NEW QUESTION: 4
A. SessionClosing
B. FireEvent
C. BrowserDocumentComplete
D. DesktopReady
E. Realignwindow
Answer: B,C,D
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