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    NEW QUESTION: 1
    A corporate bond has a cumulative probability of default equal to 20% in the first year, and 45% in the second year. What is the monthly marginal probability of default for the bond in the second year, conditional on there being no default in the first year?
    A. 31.25%
    B. 3.07%
    C. 15.00%
    D. 2.60%
    Answer: B
    Explanation:
    Explanation
    Note that marginal probabilities of default are the probabilities for default for a given period, conditional on survival till the end of the previous period. Cumulative probabilities of default are probabilities of default by a point in time, regardless of when the default occurs. If the marginal probabilities of default for periods 1, 2... n are p1, p2...pn, then cumulative probability of default can be calculated as Cn = 1 - (1 - p1)(1-p2)...(1-pn).
    For this question, we can calculate the marginal probability of default for year 2 by solving the equation [1 - (1
    - 20%)(1 - P2) = 45%] for P2. Solving, we get the marginal probability of default during year 2 as 31.25%.
    Since this is the annual marginal probability of default, we will need to convert it to a monthly number, which we can do by solving the following equation where M1 is the monthly marginal probability of default.
    1 - 31.25% = (1 - M1)

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    12, implying M1 = 3.07%

    NEW QUESTION: 2

    Where is the CHAP iSCSI usemame and password stored on a RedHat4 host?
    A. /etc/init d/iscsi/iscsi conf
    B. etc/iscsi conf
    C. /etc/mit d/iscsi conf
    D. /etc/iscsi/iscsi conf
    Answer: B

    NEW QUESTION: 3
    You need to recommend a solution for managing updates. The solution must meet the technical requirements.
    What should you include in the recommendation?
    A. A WSUS upstream server in the main office and a WSUS downstream server in each office
    B. A System Center 2012 Configuration Manager management point in the main office and a System Center 2012 Configuration Manager distribution point in each office
    C. A System Center 2012 Configuration Manager management point in the main office and a WSUS downstream server in each office
    D. A System Center 2012 Configuration Manager software update point in the main office and a System Center 2012 Configuration Manager distribution point in each office
    Answer: D
    Explanation:
    Topic 3, Northwind Traders
    Overview
    Northwind Traders is an IT services and hosting provider.
    Northwind Traders has two main data centers in North America. The data centers are located in the same city.
    The data centers connect to each other by using high-bandwidth, low-latency WAN links. Each data center connects directly to the Internet.
    Northwind Traders also has a remote office in Asia that connects to both of the North American data centers by using a WAN link. The Asian office has 30 multipurpose servers.
    Each North American data center contains two separate network segments. One network segment is used to host the internal servers of Northwind Traders. The other network segment is used for the hosted customer environments.
    Existing Environment
    Active Directory
    The network contains an Active Directory forest named northwindtraders.com. The forest contains a single domain. All servers run Windows Server 2012 R2.
    Server Environment
    The network has the following technologies deployed:
    * Service Provider Foundation
    * Windows Azure Pack for Windows Server
    * System Center 2012 R2 Virtual Machine Manager (VMM)
    * An Active Directory Rights Management Services (AD RMS) cluster
    * An Active Directory Certificate Services (AD CS) enterprise certification authority (CA) All newly deployed servers will include the following components:
    * Dual 10-GbE Remote Direct Memory Access (RDMA)-capable network adapters
    * Dual 1-GbE network adapters
    * 128 GB of RAM
    Requirements
    Business Goals
    Northwind Traders will provide hosting services to two customers named Customer1 and Customer2. The network of each customer is configured as shown in the following table.

    Planned Changes
    Northwind Traders plans to implement the following changes:
    * Deploy System Center 2012 R2 Operations Manager.
    * Deploy Windows Server 2012 R2 iSCSI and SMB-based storage.
    * Implement Hyper-V Recovery Manager to protect virtual machines.
    * Deploy a certificate revocation list (CRL) distribution point (CDP) on the internal network.
    * For Customer 1, install server authentication certificates issued by the CA of Northwind Traders on the virtual machine in the hosting networks.
    General Requirements
    Northwind Traders identifies the following requirements:
    * Storage traffic must use dedicated adapters.
    * All storage and network traffic must be load balanced.
    * The amount of network traffic between the internal network and the hosting network must be minimized.
    * The publication of CRLs to CDPs must be automatic.
    * Each customer must use dedicated Hyper-V hosts.
    * Administrative effort must be minimized, whenever possible.
    * All servers and networks must be monitored by using Operations Manager.
    * Anonymous access to internal file shares from the hosting network must be prohibited.
    * All Hyper-V hosts must use Cluster Shared Volume (CSV) shared storage to host virtual machines.
    * All Hyper-V storage and network traffic must remain available if single network adapter fails.
    * The Hyper-V hosts connected to the SMB-based storage must be able to make use of the RDMA technology.
    * The number of servers and ports in the hosting environment to which the customer has access must be minimized.
    Customer1 Requirements
    Northwind Traders identifies the following requirements for Customer1:
    * Customer1 must use SMB-based storage exclusively.
    * Customer1 must use App Controller to manage hosted virtual machines.
    * The virtual machines of Customer1 must be recoverable if a single data center fails.
    * Customer1 must be able to delegate self-service roles in its hosted environment to its users.
    * Customer1 must be able to check for the revocation of certificates issued by the CA of Northwind Traders.
    * The users of Customer1 must be able to obtain use licenses for documents protected by the AD RMS of Northwind Traders.
    * Certificates issued to the virtual machines of Customer1 that reside on the hosted networks must be renewed automatically.
    Customer2 Requirements
    Northwind Traders identifies the following requirements for Customer2:
    * Customer2 must use iSCSI-based storage exclusively.
    * All of the virtual machines of Customer2 must be migrated by using a SAN transfer.
    * None of the metadata from the virtual machines of Customer2 must be stored in Windows Azure.
    * The network configuration of the Hyper-V hosts for Customer2 must be controlled by using logical switches.
    * The only VMM network port profiles and classifications allowed by Customer2 must be low-bandwidth, medium-bandwidth, or high-bandwidth.
    * The users at Northwind Traders must be able to obtain use licenses for documents protected by the AD RMS cluster of Customer2. Customer2 plans to decommission its AD RMS cluster during the next year.

    NEW QUESTION: 4
    A university advancement office is working with survey data and using Excel to provide Administration with insight into what their alumni are saying in the survey. Administration likes the format of the reports and there is no driving reason to add IBM SPSS Statistics. Which might be something to consider as they evaluate additional tools?
    A. All of the above
    B. Merging data from additional sources and modifying formulas in spreadsheets often results in errors that are not easy to identify.
    C. Each Administrator would need to purchase IBM SPSS Statistics in order to see any additional analysis performed in IBM SPSS Statistics.
    D. With several months of training and consulting this researcher could learn how to use IBM SPSS Statistics; thus providing better results.
    Answer: B

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