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NEW QUESTION: 1
For a given notional amount, which of the following carries the greatest counterparty exposure (assuming the same counterparty credit rating for each):
A. A futures contract on an equity index
B. A one year certificate of deposit
C. A one year forward foreign exchange contract
D. A one year interest rate swap
Answer: B
Explanation:
Explanation
The exposure at default is the greatest for the certificate of deposit as the entire notional amount is exposed to the risk of default. The other choices represent derivatives for which the current replacement value, which would be far less than notional, would be the credit exposure.
Said another way - if the counterparty were to default, the entire money in the CD would be at risk, whereas for the derivative contracts it would only be the replacement value that would be at risk.
NEW QUESTION: 2
Which of the following are not functions of the SNORT application?
Each correct answer represents a complete solution. Choose two.
A. Intrusion detection
B. Hard disk drive scanning
C. Virus detection
D. Packet sniffing
E. Packet logging
Answer: B,C
NEW QUESTION: 3
A. C
B. B
C. D
D. A
Answer: C
NEW QUESTION: 4
What is the purpose of an SLA in Knowledge base?
A. to group and refine related answers based on the product and the service level
B. to rank customers based on the number of answers posted in a forum based on the service level
C. to provide access to the answers based on the customer service level agreement type matching the answers' access level
D. to give permission to users to add questions in a forum based on the service level
Answer: A
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CTS Exam Info
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CTS Exam Topics
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CTS Offcial Page
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Check what resources you have available for studying.
Schedule the CTS Exam
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