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NEW QUESTION: 1
You have an Azure subscription that contains the storage accounts shown in the following table.

You enable Azure Advanced Threat Protection (ATP) for all the storage accounts.
You need to identify which storage accounts will generate Azure ATP alerts.
Which two storage accounts should you identify? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. storagecontoso1
B. storagecontoso3
C. storagecontoso4
D. storagecontoso5
E. storagecontoso2
Answer: A,D
Explanation:
Explanation/Reference:
Explanation:
Example:
Storage Threat Detection is available for the Blob Service.

References:
https://azure.microsoft.com/en-us/blog/advanced-threat-protection-for-azure-storage-now-in-public- preview/ Testlet 2 Case study Overview ADatum Corporation is a financial company that has two main offices in New York and Los Angeles.
ADatum has a subsidiary named Fabrikam, Inc. that shares the Los Angeles office.
ADatum is conducting an initial deployment of Azure services to host new line-of-business applications and is preparing to migrate its existing on-premises workloads to Azure.
ADatum uses Microsoft Exchange Online for email.
Existing Environment
On-Premises Environment
The on-premises workloads run on virtual machines hosted in a VMware vSphere 6 infrastructure. All the virtual machines are members of an Active Directory forest named adatum.com and run Windows Server
2016.
The New York office uses an IP address space of 10.0.0.0/16. The Los Angeles office uses an IP address space of 10.10.0.0/16.
The offices connect by using a VPN provided by an ISP. Each office has one Azure ExpressRoute circuit that provides access to Azure services and Microsoft Online Services. Routing is implemented by using Microsoft peering.
The New York office has a virtual machine named VM1 that has the vSphere console installed.
Azure Environment
You provision the Azure infrastructure by using the Azure portal. The infrastructure contains the resources shown in the following table.

AG1 has two backend pools named Pool11 and Pool12. AG2 has two backend pools named Pool21 and Pool22.
Requirements
Planned Changes
ADatum plans to migrate the virtual machines from the New York office to the East US Azure region by using Azure Site Recovery.
Infrastructure Requirements
ADatum identifies the following infrastructure requirements:
A new web app named App1 that will access third-parties for credit card processing must be deployed

A newly developed API must be implemented as an Azure function named App2. App2 will use a blob

storage trigger. App2 must process new blobs immediately.
The Azure infrastructure and the on-premises infrastructure must be prepared for the migration of the

VMware virtual machines to Azure.
The sizes of the Azure virtual machines that will be used to migrate the on-premises workloads must be

identified.
All migrated and newly deployed Azure virtual machines must be joined to the adatum.com domain.

AG1 must load balance incoming traffic in the following manner:

1. http://corporate.adatum.com/video/* will be load balanced across Pool11
2. http://corporate.adatum.com/images/* will be load balanced across Pool12 AG2 must load balance incoming traffic in the following manner:

1. http://www.adatum.com will be load balanced across Pool21
2. http://www.fabrikam.com will be load balanced across Pool22
ER1 must route traffic between the New York office and the platform as a service (PaaS) services in

the East US Azure region, as long as ER1 is available.
ER2 must route traffic between the Los Angeles office and the PaaS services in the West US region, as

long as ER2 is available.
ER1 and ER2 must be configured to fail over automatically.

Application Requirements
App2 must be able to connect directly to the private IP addresses of the Azure virtual machines. App2 will be deployed directly to an Azure virtual network.
Inbound and outbound communications to App1 must be controlled by using NSGs.
Pricing Requirements
ADatum identifies the following pricing requirements:
The cost of App1 and App2 must be minimized.

The transactional charges of Azure Storage accounts must be minimized.

NEW QUESTION: 2
Kylie Autumn, CFA, is a consultant with Tri-Vision Group. Robert Lullum, Senior Vice President ai Langsford Investments, has asked for assistance with the evaluation of mortgage-backed and collateralized mortgage obligation (CMO) derivative securities for potential inclusion in several client portfolios. Langsford Investments mainly deals with equity investments and REITs, but the company recently purchased a small firm that invests mainly in fixed-income securities.
Lullum has done some research on the appropriate spread measures and option valuation models for fixed-income securities and wants to clarify some points. He wants to know if the following statements are correct:
Statement 1: The proper spread measure for option-free corporate bonds is the nominal spread.
Statement 2: Callable corporate bonds and mortgage-backed securities should be measured using the option-added spread.
Statement 3: The Z-spread is appropriate for credit card ABS and auto loan ABS.
While Lullum meets with Autumn, Janet Van Ark, CFA charterholder and equity-income portfolio manager for Langsford, is attempting to purchase bonds that may also provide her with equity exposure in the future. She has decided to analyze an 8% annual coupon bond with exactly 20 years to maturity. The bonds are convertible into 10 common shares for each $ 1,000 of par (face) value. The bond's market price is $920, and the common stock has a market price of $40. Van Ark estimates that the stock will increase in value to $70 within the next two years. The stock's annual dividend is $0.40 per share, and the market yield on comparable non-convertible bonds'is 9.5%.
Carl Leighton, a Langsford analyst and Level 2 CFA candidate, works with mortgage-backed and other asset-based securities. He provides Lullum with a list of credit enhancements for asset-backed securities, which includes letters of credit, excess servicing spread funds, overcollateralization, and bond insurance.
Lullum then asks him for a status report of the firm's exposure to paythrough securities. He also asks Leighton to calculate the single-monthly mortality rate (SMM) and estimate the prepayment for the month for a seasoned mortgage pool with a $500,000 principal balance remaining. The scheduled monthly principal payment is $ 150 and the conditional prepayment rate (CPR) is 7%.
Which of the following statements about interest-only (10) and principal-only (PO) strips is least accurate?
A. In general, the volatility of the combined 10 and PO strips equals the price volatility of the source passthrough.
B. IO cash flows start out large and diminish over time. As a result, 10 investors are most concerned with extension risk.
C. The 10 price is positively related to interest rates, and at low current rates, POs exhibit some negative convexity.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
IO investors want prepayments to be slow and thus are more concerned with contraction risk.
Interest-only strips: An interest-only (IO) strip receives all interest payments from the underlying mortgage pool. If market interest rates increase, prepayments will fall. This results in larger than expected principal balances and, thus, larger than expected interest payments. Hence. IO strips have higher realized returns when interest rates increase. If interest rates fall, the pool tends to prepay and interest payments fall, resulting in lower returns to the IO strip.
Principal-only strips: A principal-only (PO) strip receives only the principal payments (both scheduled and prepayments) from the underlying pool of mortgages. If interest rates fall, prepayments increase. Since the PO strips arc discount securities, larger than expected prepayments result in the early return of principal and thus a higher return on the security. Increasing interest rates result in lower than expected prepayments (i.e., extension risk) and lower actual returns.
Volatility: Both IOs and POs have greater price volatility than the passthrough from which they were derived. This occurs because the IO and PO returns are negatively correlated (they respond in opposite directions to changes in interest rates), but the volatility of the combined IO and PO strips equals the price volatility of the source passthrough.
(Study Session 15, LOS 55-i)

NEW QUESTION: 3
Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager
Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October
2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)
A. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
B. Manager Y, because this is the original manager of Employee X.
C. Manager Z, because this is the current manager to whom Employee X is reporting.
D. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
Answer: D

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