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NEW QUESTION: 1
Ron Travis, CFA, manages a portfolio of long-term and short-term bonds. The portfolio is equally weighted between 1-year, 2-year, 10-year, and 20-year maturities and currently has a portfolio duration equal to 7.0.
Travis is concerned that 1- and 2-year interest rates are going to increase by 100 basis points while 10- and 20-year rates decrease by 100 basis points. If his prediction is correct, Travis' measure of duration will be ineffective at predicting interest rate risk since portfolio duration is only accurate when the:
A. shift in the yield curve is parallel.
B. yield curve does not shift.
C. yield curve steepens.
Answer: A

NEW QUESTION: 2
Universal containers wants to provide its 20 million customers with a portal where they can:
- Submit inquiries,
- Monitor the status of those inquiries,
- View their contact information.
To meet these requirements, which type of portal license would be most appropriate for the customers?
A. Partner Community
B. Employee Community
C. Sites
D. Customer Community
Answer: D

NEW QUESTION: 3
Which of the following actions applies to a Risk Level of 1 - Very Low?
A. Potentially not business related
B. Can bypass security or hide identities
C. Usually business related, with low risk
D. Can cause data leakage or malware infection without user knowledge
Answer: C