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NEW QUESTION: 1
Which of the following statements are true in respect of a fixed income portfolio:
I. A hedge based on portfolio duration is valid only for small changes in interest rates and needs periodic readjusting II. A duration based portfolio hedge can be improved by making a convexity adjustment III. A long position in bonds benefits from the resulting negative convexity IV. A duration based hedge makes the implicit assumption that only parallel shifts in the yield curve are possible
A. I and II
B. I and IV
C. I, II and IV
D. II and IV
Answer: C
Explanation:
Explanation
A hedge based on portfolio duration alone makes the assumption that the price/yield relationship is linear, and ignores the convexity or non-linearity of the price/yield relationship. As prices change beyond small changes, the non-linear effect kicks in, which can be offset by making a convexity adjustment to the hedge. Therefore statements I and II are correct.
Statement III is incorrect - negative convexity has an adverse effect on bond prices regardless of whether prices rise or fall.
Statement IV is correct, a bond hedge based on duration alone may be mismatched along the yield curve (eg, hedging a 10 year maturity bond with a 3 year futures contract, even though of identical total durations), which is based upon the implicit assumption that all rates will move together (ie parallel shifts).

NEW QUESTION: 2
You have a container image that contains an Al solution. The solution will be used on demand and will only be needed a few hours each month.
You plan to use Azure Functions to deploy the environment on-demand.
You need to recommend the deployment process. The solution must minimize costs.
Which four actions should you recommend Azure Functions perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Explanation
1. Create ACI 2. pull image 3. run AI solution 4. delete ACI

NEW QUESTION: 3
あなたの会社は、AWS KMSサービスを使用して一連のキーを作成しました。各キーが特定のサービスにのみ使用されるようにする必要があります。たとえば、1つのキーをS3サービスにのみ使用することを望んでいます。どうすればこれを達成できますか？
選んでください：
A. IAMユーザーを定義し、キーを割り当ててから、必要なサービスにアクセス許可を割り当てます
B. S3サービスのみがキーにアクセスできるようにするバケットポリシーを作成します。
C. S3サービスのみがキーにアクセスできるようにするIAMポリシーを作成します。
D. キーポリシーでkms：ViaService条件を使用します
Answer: D
Explanation:
Explanation
Option A and B are invalid because mapping keys to services cannot be done via either the IAM or bucket policy Option D is invalid because keys for IAM users cannot be assigned to services This is mentioned in the AWS Documentation The kms:ViaService condition key limits use of a customer-managed CMK to requests from particular AWS services. (AWS managed CMKs in your account, such as aws/s3, are always restricted to the AWS service that created them.) For example, you can use kms:V1aService to allow a user to use a customer managed CMK only for requests that Amazon S3 makes on their behalf. Or you can use it to deny the user permission to a CMK when a request on their behalf comes from AWS Lambda.
For more information on key policy's for KMS please visit the following URL:
https://docs.aws.amazon.com/kms/latest/developereuide/policy-conditions.html The correct answer is: Use the kms:ViaServtce condition in the Key policy Submit your Feedback/Queries to our Experts