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Exam Code: L4M2
Exam Name: Defining Business Needs
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
Two parties enter into a three-year interest rate swap, which involves the exchange of LIBOR+1% for a fixed rate of 12% on a $100 million notional amount. The LIBOR rate today is 11%, but is expected to increase to 15% in one year and fall back down to 8%. Which statement accurately depicts the flow of net cash flows between the two counter-parties?
A. The fixed rate payer will have to pay $3 million at the end of the second year and $3 million at the end of the third year.
B. The variable rate payer would receive a payment of $4 million at the end of year two, while the fixed rate payer would receive $3 million at the end of year three.
C. The fixed rate payer would receive a payment of $4 million at the end of year two, while the variable rate payer would receive $3 million at the end of year three.
Answer: C
Explanation:
With a variable of LIBOR + 1%, the effective interest payment for the variable rate payer will be 12% in year one, 16 in year two, and 9% in year three.
End of yr 1: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 12%): $12 million.
net cash flow received by fixed payer: NIL.
End of yr 2: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 16%): $16 million.
net cash flow received by fixed payer: $4 million.
End of yr 3: fixed pays ($100million * 12%): $12 million; Variable pays ($100million * 9%): $9 million. net cash flow received by variable payer: $3 million.

NEW QUESTION: 2
カスタマーサービスセンターの電話システムをアップグレードするプロジェクトに取り組んでいます。問題、制約、および付加価値のないアクティビティを特定して分析することにより、プロセスを調査し、改善の機会を探しています。次のテクニックのうちどれを使用しますか?
A. プロセス分析
B. ベンチマーク
C. 値分析
D. 実験計画(DOE)
Answer: A

NEW QUESTION: 3
How does Traceroute map the route that a packet travels from point A to point B?
A. It uses a protocol that will be rejected at the gateways on its way to its destination.
B. It uses a TCP Timestamp packet that will elicit a time exceed in transit message.
C. It manipulates the value of time to live (TTL) parameter packet to elicit a time exceeded in transit message.
D. It manipulated flags within packets to force gateways into generating error messages.
Answer: C
Explanation:
Traceroute works by increasing the "time-to-live" value of each successive batch of packets sent. The first three packets have a time-to-live (TTL) value of one (implying that they make a single hop). The next three packets have a TTL value of 2, and so on. When a packet passes through a host, normally the host decrements the TTL value by one, and forwards the packet to the next host. When a packet with a TTL of one reaches a host, the host discards the packet and sends an ICMP time exceeded (type 11) packet to the sender. The traceroute utility uses these returning packets to produce a list of hosts that the packets have traversed en route to the destination.

NEW QUESTION: 4
Refer to the exhibit.

Your network is suffering excessive output drops. Which two actions can you take to resolve the problem?
(Choose two.)
A. Install a switch with larger buffers.
B. Configure the server application to use TCP.
C. Configure a different queue set.
D. Reconfigure the switch buffers.
E. Update the server operating system.
Answer: A,C


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