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NEW QUESTION: 1
A. Option B
B. Option A
C. Option D
D. Option C
Answer: A
Explanation:
To disable Layer 2 functionality at the interface level the command no switchport is used. This command switches the port status from switched to routed.
Reference:
http://www.cisco.com/en/US/docs/ios/interface/command/reference/ir_s7.html#wp1012629
Topic 4, Prepare infrastructure to support advanced services
NEW QUESTION: 2
ベンダーが顧客から提案されたプロジェクトを受け入れました。
以下のうちのどれが、最も、プロジェクトマネージャーにより作成された最初の文書でありそうであるか？
A. Project charter
B. Project management plan
C. Project statement of work
D. Project schedule
Answer: C
Explanation:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 299
NEW QUESTION: 3
A bank holds a portfolio of residential mortgages. An increase in the volatility of mortgage interest rates leads to:
A. An increase in the value of the mortgage portfolio
B. Both duration and value of the mortgage portfolio stay unchanged
C. A decrease in the value of the mortgage portfolio
D. An increase in the duration of the mortgage portfolio
Answer: C
Explanation:
Explanation
A residential mortgage carries a prepayment option for the borrower, where in the event of a decrease in interest rates they are likely to repay the mortgage and refinance at the new lower rate. If rates go up, the bank does not have a similar option. If the volatility of the underlying interest rates increases, mortgage holders are more likely to be faced with new rates that are sufficiently lower to persuade them to refinance. This reduces the ability of the bank to continue to earn the higher interest rate it was earning before.
Therefore an increase in volatility of the mortgage interest rates decreases the value of the mortgage portfolio.
The same rationale applies to callable bonds, where the borrower has the option to call the bond.
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