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NEW QUESTION: 1
Which host is selected as a master host in the VMware HA cluster?
A. The host with the greatest CPU and memory capacity
B. The host with the redundancy configured for management network
C. The host with access to the greatest number of the datastores
D. The host with the greatest number of virtual machines configured with fault tolerance
Answer: C
Explanation:
http://pubs.vmware.com/vsphere50/index.jsp?topic=%2Fcom.vmware.vsphere.avail.doc_50%2FGUIDB9ACCE9B-A14D-4B2F87EF-4B0A67ABDF58.html
When you add a host to a vSphere HA cluster, an agent is uploaded to the host and configured to communicate with other agents in the cluster. Each host in the cluster functions as a master host or a slave host. When vSphere HA is enabled for a cluster, all active hosts (those not in standby or maintenance mode, or not disconnected) participate in an election to choose the cluster's master host. The host that mounts the greatest number of datastores has an advantage in the election. Only one master host exists per cluster and all other hosts are slave hosts. If the master host fails, is shut down, or is removed from the cluster a new election is held.
NEW QUESTION: 2
A bond with a 5% coupon trades at 95. An increase in interest rates by 10 bps causes its price to decline to
$94.50. A decrease in interest rates by 10 bps causes its price to increase to $95.60. Estimate the modified duration of the bond.
A. 0
B. 1
C. 5.5
D. 5.79
Answer: D
Explanation:
Explanation
In this case, we can estimate the duration of the bond as follows: we know that a 10 bps increase in rates causes the price to move to $94.50, and a 10 bps decrease causes the price to increase to $95.60. Thus, over the range of the 20 bps, the average change in price per basis point is ($95.60 - $94.50)/20 bps = $1.10/20 =
$0.055/basis point, or $0.055* 100 = $5.5 for 100 basis points (ie 1%). We know that modified duration is equivalent to the percentage change in the bond price as a result of a 1% change in interest rates. A 1% change in the interest rates leading to a $5.5 change in a bond priced at $95 equates to $5.5/$95 = 5.79%, in other words the modified duration is roughly equal to 5.79 years.
In fact if we know the price of a bond at any two different interest rates, we can make an estimate of modified duration. Modified duration is just the first derivative with respect to price, and given two prices and the associated yields, we can easily calculate modified duration to be the ratio of the change in price to the change in interest rates. In this question, we are given both an up move and a down move. Using this estimation, only one data point (ie, either the up price or the down price) in addition to the starting point ($95) would have been enough to come to a rough estimate of modified duration. You will notice that the modified duration would be slightly different if we were to use the high point and the starting point (ie $95.60 and $95), and the starting point and the lower point ($95 and $94.50). The difference is due to convexity. The decrease in price is lower than the increase in price - and this is due to the convexity of the bond.
NEW QUESTION: 3
A system administrator examines the results of a completed scan.
Which information is available on a scan listing on the Discover Targets page? (Select three.)
A. User who initiated the scan
B. Number of items changed since the previous scan
C. Errors encountered
D. Number of items scanned
E. Elapsed time and total time for each scan
F. File structure and location
Answer: C,D,E
NEW QUESTION: 4
What IBM N series software provides storage- enforced WORM and retention functionality by using open file protocols such as CIFS and NFS?
A. SnapMirror
B. SnapLock
C. SnapVault
D. SnapDrive
Answer: B
Explanation:
Reference: ftp://ftp.software.ibm.com/storage/isv/NS3444-0.pdf (page 41, last para)