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NEW QUESTION: 1
Scenario: A Citrix administrator manages a mixed environment consisting of desktops, XenApp and XenDesktop. Management desires that:
login times be decreased
user profiles are stored in a centralized location
user changes be saved
user changes be made available to user sessions accessed from any desktop, XenApp server or XenDesktop connection
Based on these requirements, which type of profile should the administrator implement?
A. Local
B. Citrix Profile Management
C. Mandatory
D. Roaming
Answer: B
NEW QUESTION: 2
生産ライン（繰返生産関連作業区）はどのデータオブジェクトで管理されますか？
正しい答えを選んでください。
応答：
A. 部品表
B. 製造バージョン
C. 繰返生産プロファイル
D. 原価コレクタ
Answer: B
NEW QUESTION: 3
Martha Garret, CFA, manages fixed income portfolios for Jones Brothers, Inc. (JBI). JBI has been in the portfolio management business for over 23 years and provides investors with access to actively managed equity and fixed-income portfolios. All of JBI's fixed-income portfolios are constructed using U.S. debt instruments. Garret's primary portfolio responsibilities are the Quasar Fund and the Nova Fund, both of which are long fixed-income portfolios consisting of Treasury securities in all maturity ranges. The Quasar Fund holdings as of March 15 are provided in Exhibit 1. A comparison of key rate durations for the Quasar Fund and Nova Fund is provided in Exhibit 2.
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Assume that Bond A is currently callable at 105 and will be callable at 103 in six months. If the yield curve experiences a negative butterfly shift over the next month, which of the following results is most likely to be observed?
A. The bond will experience a larger price decrease than Bond C.
B. The bond will experience price compression.
C. The bond will become attractive to long-term investors.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Bond A is priced at par value. A negative butterfly shift would increase the humped nature of the yield curve, either through a bigger increase in intermediate rates than short and long rates or a smaller decrease in intermediate rates than short- and long-term rates. Because Bond A has a much lower duration than Bond C, a yield curve shift would have more of a price impact on Bond C than Bond A Long- term investors would not be drawn to such a short-term bond unless the yield shift created significant mispricing, which is unlikely. Choice C is the only answer that accurately reflects a possible result of a negative butterfly shift. Bond A would increase in price if the shift saw short-term rates falling more than intermediate rates. The increase in price will be limited, however, by the call price and thus the callable bond would experience price compression (usually observed at low interest rates). The interest rate decrease would be consistent with a negative butterfly shift. (Study Session 14, LOS 53.a)
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