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  • Exam Code: PDI
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  • Exam Code: PDI
  • Exam Name: Platform Developer I (PDI)
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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NEW QUESTION: 1
Due to high CPU workload on the Security Gateway, the administrator decided to purchase a new multicore CPU top replace the existing single core CPU, After installatin, is the administrator required to perform any additional tasks?
A. Administrator does not need to perform any task. Check Point will make use of the newly installed CPU and Cores.
B. Go to clash-cpconf| Configure CoreXl to make use of the additional Core |Exit cpconfig| Reboot Gateway| install security policy.
C. Go to class-run cpstop| Run cpstar
D. Go to class-Run cpconfig| Configure CoreXL to make use of the additional Cores| Exist cpconfig | Reboot security Gateway.
Answer: B

NEW QUESTION: 2
Which new feature in HP ProLiant Gen8 servers collect periodic performance data from the Smart Array Controller?
A. Intelligent Provisioning
B. Option ROM Configuration
C. Active Health System
D. Array Diagnostic Utility
Answer: C

NEW QUESTION: 3
You have a Linux VM that must connect to Cloud SQL. You created a service account with the appropriate access rights. You want to make sure that the VM uses this service account instead of the default Compute Engine service account. What should you do?
A. Download a JSON Private Key for the service account.
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C. Download a JSON Private Key for the service account.
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D. Download a JSON Private Key for the service account.
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NEW QUESTION: 4
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)


At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)

At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Are Statement 1 and Statement 2 made by Yan correct?
A. Neither statement is correct.
B. Both statements arc correct.
C. Only one of the statements is correct.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Both of Yan's statements are correct. The two most important factors in an analysis of a corporate issuer are the capacity to pay (particularly a cash Bow analysis) and the corporate governance structure. This requires an analysis of the issuers business and operating risks {e.g. profitability, solvency, and leverage).
However, there arc no business or operating risks to assess with an ABS. Instead the emphasis is on the quality of the collateral that backs the ABS, particularly the collateral's capacity ro generate cash flow to meet the repayment obligations of each tranche under various scenarios of default and delinquency experience.
The analysis of municipal tax-backed and revenue bonds is simitar to that of corporate issuers. The only important difference in the analysis of municipal bonds is that the rate covenants and priority-of-revenue claims clause are unique to the trust indenture of municipal revenue bonds, so they require an additional level of analysis not necessary with corporate bonds. (Study Session 14, LOS 51.e,h,j)

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