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NEW QUESTION: 1
A storage administrator is configuring a storage pool on a Unity system containing Flash disks and SAS
disks. What tier will the system assign to each of the disk types?
A. Flash: Performance
SAS: Capacity
B. Flash: Capacity
SAS: Performance
C. Flash: Extreme Performance
SAS: Performance
D. Flash: Extreme Performance
SAS: Capacity
Answer: C
Explanation:
Explanation/Reference:
Hybrid pools can have up to 3 tiers (Extreme Performance, Performance, and Capacity).
For the Extreme Performance tier, use only SAS Flashdrives.
For the Capacity tier, use only SAS drives.
NEW QUESTION: 2
Martha Garret, CFA, manages fixed income portfolios for Jones Brothers, Inc. (JBI). JBI has been in the portfolio management business for over 23 years and provides investors with access to actively managed equity and fixed-income portfolios. All of JBI's fixed-income portfolios are constructed using U.S. debt instruments. Garret's primary portfolio responsibilities are the Quasar Fund and the Nova Fund, both of which are long fixed-income portfolios consisting of Treasury securities in all maturity ranges. The Quasar Fund holdings as of March 15 are provided in Exhibit 1. A comparison of key rate durations for the Quasar Fund and Nova Fund is provided in Exhibit 2.
Of particular importance to Garret and her colleagues is the degree of interest rate risk exposure unique to each portfolio under JBI's management. Driving the increased awareness of the portfolios' interest rate exposure is the double digit growth in assets under management that JBI's fixed-income portfolios have experienced in the last five years. Interest in the company's fixed-income portfolios continues to grow and as a result, all portfolio managers are required to attend weekly meetings to discuss key portfolio risk factors. At the last meeting, Miranda Walsh, a principal at JBI, made the following comments:
"The variance of daily interest rate changes has been trending higher over the last three months leading us to believe that a period of high volatility is approaching in the next twelve to eighteen months. However, the reliability is questionable since the volatility estimates were derived using an option pricing model, which assumes constant interest rates."
"Also, the Treasury spot rate curve currently has a similar shape to the yield curve on Treasury coupon securities, which, according to the market segmentation theory of interest rate term structure, indicates a relatively high level of demand from investors for intermediate term securities. Overzealous trading by investors unwilling to move into other maturity ranges may create mispricing and opportunities for arbitrage." After the meeting, Walsh and JBI's other principals met to discuss a new international portfolio opportunity.
At Walsh's suggestion, the principals selected Garret as the lead portfolio manager for the new fund, which will be titled the Atlantic Fund. One of the other portfolio managers, Greg Terry, CFA, suggested to Garret that she utilize the LIBOR swap curve as a benchmark for the Atlantic fund rather than using local government yield curves. Terry justifies his suggestion by claiming that "the lack of government regulation in the swap market makes swap rates and curves directly comparable between different countries despite fewer maturity points with which to construct the curve as compared to a government yield curve.
Furthermore, credit risk in the swap curves of various countries is similar, thus avoiding the complications associated with different levels of sovereign risk embedded in government yield curves." Intrigued by the idea of using the swap curve, Garret has her assistant begin gathering a range of current and forward LIBOR rates.
Which of the following factors would have the most explanatory power for the historical returns of the Quasar Fund? Changes in the:
A. curvature of the yield curve.
B. level of interest rates.
C. slope of the yield curve.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Research conducted by Litterman and Scheinkman indicated that changes in the level of interest rates had the most explanatory power for returns on Treasury securities. Since the Quasar fund is composed of Treasuries of various maturities, Litterman and Scheinkmans research would be applicable. (Study Session 14, LOS 53-b)
NEW QUESTION: 3
A company's Amazon RDS MySQL DB instance may be rebooted for maintenance and to apply patches.
This database is critical and potential user disruption must beminimized.
What should the Solution Architect do in this scenario?
A. Create an Amazon EC2 instance MySQL cluster.
B. Create an RDS MySQL Read Replica.
C. Set up an RDS MySQL cluster
D. Set RDS MySQL to Multi-AZ.
Answer: D
Explanation:
Explanation
To minimize downtime, you can Modify an Amazon RDS instance to a Multi-AZ deployment. For Multi-AZ deployments, OS maintenance is applied to the secondary instance first, then the instance fails over, and then the primary instance is updated.
https://aws.amazon.com/premiumsupport/knowledge-center/rds-required-maintenance/
https://aws.amazon.com/rds/ha/
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