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NEW QUESTION: 1
A company is making a prototype of the infrastructure for its new website by manually provisioning the necessary infrastructure.
This infrastructure includes an Auto Scaling group an Application Load Balancer, and an Amazon RDS database.
After the configuration has been thoroughly validated the company wants the capability to immediately deploy the infrastructure for development and production use in two Availability Zones in an automated fashion.
What should a solutions architect recommend to meet these requirements?
A. Use AWS Elastic Beanstalk and configure it to use an automated reference to the prototype infrastructure to automatically deploy new environments in two Availability Zones
B. Define the infrastructure as a template by using the prototype infrastructure as a guide Deploy the infrastructure with AWS CloudFormation
C. Use AWS Systems Manager to replicate and provision the prototype infrastructure in two Availability Zones
D. Use AWS Config to record the inventory of resources that are used in the prototype infrastructure Use AWS Config to deploy the prototype infrastructure into two Availability Zones.
Answer: B
NEW QUESTION: 2
An engineer is determining the signal levels for the wireless cells. Which signal-to-noise ratio is an optimal configuration to achieve?
A. minimum SNR of -25 dBm
B. minimum SNR of 25 dB
C. minimum SNR of -33 dBm
D. minimum SNR of 33 dB
Answer: B
Explanation:
Explanation
The minimum recommended wireless signal strength for voice applications is -67 dBm and the minimum SNR is 25 dB.
NEW QUESTION: 3
What does the system do when a future value dated deal is entered? (Choose the best answer.)
A. it does not pass accounting entries on the day of booking the contract.
B. User defines accounting entries on the Value Date.
C. it passes accounting entries on the day of booking the contract.
D. it does not book future dated accounting entries.
Answer: A
NEW QUESTION: 4
Donaghy Management Company (DMC) manages several funds only available to high net worth individuals. In preparation for an upcoming meeting, the firm has circulated among its managers the information in Figure 1 on objectives and market expectations relevant to each of three funds.
Figure 1: Fund Strategies and Market Expectations
The manager of Fund A has collected data on put and call options on the broad market index underlying his strategy. The option data are presented in Figure 2. All options presented have the same expiration date.
Figure 2: Option Data for the Broad Market Index
During the meeting, the manager of Fund B states that in order to enhance returns for the fund, he intends to implement a box-spread strategy. The manager explains the strategy by stating, "The ending price of the asset underlying the box-spread strategy has no impact on the payoff of the strategy.
Thus, if the market price of the strategy implies a rate of return greater than the risk-free rate, an arbitrage opportunity exists." Also during the meeting, DMC's president questioned the manager of Fund C about the mechanics of his hedging strategy. The manager explained the strategy with the following comments:
Comment 1: "The hedge position is established to reduce the exposure to certain equity positions by writing call options on those equity positions. The necessary number of short option positions per share of stock held is calculated as the inverse of the option delta." Comment 2: "The hedge position only requires adjusting in the event of a price or volatility change in the underlying and is effective for small changes in the price of the underlying security." Using the data in Figure 2, determine which of the following is closest to the maximum profit from a long butterfly spread strategy if the price of the broad market index is currently 1,502.
A. 13.0.
B. 17.9.
C. 7.1.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In a long butterfly strategy, the investor purchases a call with a low strike price (X1), purchases a call with a high strike price (X3), and sells two calls with a strike price between the high and low strike prices (X2).
The long butterfly strategy is actually a combination of a bull spread and a bear spread. The strategy is designed to have the highest payoff and profit when volatility is low and the price of the underlying at expiration is equal to X2.
The maximum profit of the strategy is calculated as follows:
X2- X1- C1 + 2C2- C3
where:X2 = Strike price of the option with the middle strike price X1 = Strike price of the option with the low strike price C1 = Premium of option with the lew strike priceC2 = Premium of the option with the middle strike priceC3 = Premium of the option with the high strike price Using the data in Figure 2, the maximum profit on the butterfly spread strategy is equal to:
1,500 - 1,475 - 35-40 + 2(18.10) - 7.90 = 17.90
(Study Session 15, LOS 43.a)