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NEW QUESTION: 1
An auditing team has found that passwords do not meet best business practices. Which of the following will MOST increase the security of the passwords? (Select TWO).
A. Password Length
B. Password Complexity
C. Password Expiration
D. Password History
E. Password Age
Answer: A,B
Explanation:
Passwords should have the strength to avoid discovery through attack, but it should also be easy enough for the user to remember. The length and complexity of a password combined are vital factors in defining a password's strength.
Incorrect Answers:
B, C: It is common practice for passwords to automatically expire after a specified period so as to compel users to change passwords. However, if it is a strong password, it can remain static.
E. Password History tracks previous passwords so as to prevent password reuse.
References:
Stewart, James Michael, CompTIA Security+ Review Guide, Sybex, Indianapolis, 2014, pp. 292, 293
NEW QUESTION: 2
すべての代替テスト機器で一貫して正確な結果を達成するため
A. サンプリングするときは手袋を着用してください。
B. 現場で機器を校正します。
C. サンプリングする前に手を洗ってください。
D. サンプルディスクを表面に置かないでください。
Answer: C
NEW QUESTION: 3
Which activity provides the easiest way to loop through all the rows in a DataTable?
Options are :
A. For Each Row
B. For Each
C. While
D. Repeat Until
E. Do While
Answer: A
NEW QUESTION: 4
Kwagmyre Investments, Ltd., hold two bonds: a callable bond issued by Mudd Manufacturing Inc. and a putable bond issued by Precarious Builders. Both bonds have option adjusted spreads (OAS) of 135 basis points (bp). Kevin Grisly, a junior analyst at the firm, makes the following statements (each statement is independent). Apparently, Grisly could benefit from a CFA review course, because the only statement that could be CORRECT is:
A. Given a nominal spread for Precarious Builders of 110 bp, the option cost is -25 bp.
B. The cost of the call option on the Mudd bond is -15bp.
C. The spread over the spot rates for a Treasury security similar to Mudd's bond is 145 bp.
D. The Z-spread for Mudd's bond is based on the YTM.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The "spread over the spot rates for a Treasury security similar to Mudd's bond" refers to the Z-spread on the bond.For a callable bond, the OAS < Z-spread, so this could be a true statement because 135bp < 145 bp.
The other statements are false. The option cost is calculated using the OAS and theZ-spread,not the nominal spread. The cost of the call option should be positive.(The issuer has to compensate for increased uncertainty from the call option.) The static spread (or Z-spread)is the spread over each of the spot rates in a given Treasury term structure,not the spread over the Treasury's YTM.
Following is a more detailed discussion:
The option-adjusted spread(OAS) is used when a bond has embedded options. The OAS can be thought of as the difference between the static or Z-spread and the option cost. For the exam, remember the following relationship between the static spread (Z-spread), the OAS, and the embedded option cost:
Z Spread - OAS = Option Cost in % terms
Remember the following option value relationships: