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NEW QUESTION: 1
For a group of assets known to be positively correlated, what is the impact on economic capital calculations if we assume the assets to be independent (or uncorrelated)?
A. Estimates of economic capital go down
B. Estimates of economic capital go up
C. Economic capital estimates remain the same
D. The impact on economic capital cannot be determined in the absence of volatility information
Answer: A
Explanation:
Explanation
By assuming the assets to be independent, we are reducing the correlation from a positive number to zero.
Reducing asset correlations reduces the combined standard deviation of the assets, and therefore reduces economic capital. Therefore Choice 'b' is the correct answer.
Note that this question could also be phrased in terms of the impact on VaR estimates, and the answer would still be the same. Both VaR and economic capital are a multiple of standard deviation, and if standard deviation goes down, both VaR and economic capital estimates will reduce.
NEW QUESTION: 2
DRAG DROP
The UploadOrder() method in the UploadCallbackService service is not implementing the
callback behavior defined in the IUploadCallBackService interface.
You need to modify the class to implement the required callback behavior.
What should you do? (To answer, drag the appropriate code segments to the correct location or locations in the answer area. Each code segments may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.)
Answer:
Explanation:
Topic 3, Online Bookstore
Background
You are developing an online bookstore web application that will be used by your company's customers.
Technical Requirements General requirements:
- The web store application must be an ASP.NET MVC application written in Visual
Studio.
- The application must connect to a Microsoft SQL database.
- The GetTop100Books() method is mission critical and must return data as quickly
as possible. It should take advantage of fast, forward-only, read-only methods of reading data. - The ImportBooks() method must keep a copy of the data that can be accessed while new books are being imported without blocking reads. - The Create MonthlyTotalsReport() method must lock the data and prevent others from updating or inserting new rows until complete. - The college textbook area of the web application must get data from a daily updated CSV file.
- The children's book area of the web application must get data directly from a local database. It must use a connection string. It must also support access to the stored procedures on the database. Further, it is required to have strongly typed objects. Finally, it will require access to databases from multiple vendors and needs to support more than one-to-one mapping of database tables.
- The cookbook functionality is contained within a client-side application that must connect to the server using HTTP and requires access to the data using JavaScript.
- The BookApiController class must have a method that is able to perform ad-hoc queries using OData.
The RESTful API of the bookstore must expose the following endpoints.
Application Structure
PurchaseOrders.xml
FeaturedBooks.xml
NEW QUESTION: 3
A Dell EMC N-Series switch is configured to uplink to a customer switch using two separate 4-port port- channels configured as trunks. Both switches are configured with 16 VLANs and RSTP.
How will VLAN traffic be distributed across the port-channels?
A. All VLANs are allowed across both port-channels
B. A single VLAN is allowed across each port-channel
C. Eight VLANs are allowed across each port-channel
D. All VLANs are allowed across a single port-channel
Answer: D
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