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NEW QUESTION: 1
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following describes a 'quanto' instrument:
A. correlation products
B. options on options
C. any two asset instrument in which one asset is a foreign currency
D. any two asset hybrid instrument
Answer: C
Explanation:
Explanation
A quanto is any instrument in which one asset is a foreign currency. Examples include any option on a foreign currency asset with the strike price in foreign currency, and an option on a foreign currency asset with the foreign currency risk hedged.
Correlation products refer to credit products on a basket of credits. Options on options represent an option to buy or sell an option in the future, and they are not 'quantos'. Similarly, not every two asset instrument is a quanto unless one of the two assets is a foreign currency.
NEW QUESTION: 2
As the following, which port can tranform the video and vioce signal at the same time?
A. HDMI
B. VGA
C. DVI
D. S-video
Answer: A
NEW QUESTION: 3
Which type of dependency used in the Sequence Activities process is sometimes referred to as preferred logic, preferential logic, or soft logic?
A. Discretionary
B. Mandatory
C. Internal
D. External
Answer: A
NEW QUESTION: 4
Joe is a security architect who is tasked with choosing a new NIPS platform that has the ability to perform SSL inspection, analyze up to 10Gbps of traffic, can be centrally managed and only reveals inspected application payload data to specified internal security employees. Which of the following steps should Joe take to reach the desired outcome?
A. Research new technology vendors to look for potential products. Contribute to an RFP and then evaluate RFP responses to ensure that the vendor product meets all mandatory requirements. Test the product and make a product recommendation.
B. Ensure that the NIPS platform can also deal with recent technological advancements, such as threats emerging from social media, BYOD and cloud storage prior to purchasing the product.
C. Evaluate relevant RFC and ISO standards to choose an appropriate vendor product. Research industry surveys, interview existing customers of the product and then recommend that the product be purchased.
D. Choose a popular NIPS product and then consider outsourcing the ongoing device management to a cloud provider. Give access to internal security employees so that they can inspect the application payload data.
E. Consider outsourcing the product evaluation and ongoing management to an outsourced provider on the basis that each of the requirements are met and a lower total cost of ownership (TCO) is achieved.
Answer: A