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NEW QUESTION: 1
Which of the following is not a relevant consideration for a trader desirous of delta hedging his or her options portfolio?
A. Bid-offer spreads on the underlying
B. Cost per trade
C. Rebalancing frequency
D. Volatility of the underlying
Answer: B
Explanation:
Explanation
The greater the rebalancing frequency, the more effective the hedge. But the higher the rebalancing frequency (ie the how often the hedge is true-ed up as a response to changes in the market), higher are the transaction costs. Higher transaction costs reduce hedge performance. Therefore transaction costs limit the ability of traders to continuously trade and keep delta at or close to zero. Transaction costs include a number of elements, including market impact costs, dollar costs per trade, and the bid-offer spread on the security.
Traders have to strike a balance between transaction costs and the rebalancing frequency when making decisions on hedging. Bid-offer spreads, cost per trade and the rebalancing frequency are therefore relevant considerations. The volatility of the underlying is not something the trader would consider when taking decisions to delta hedge (unless as part of an active bet on future volatility) and therefore Choice 'c' is irrelevant to the trader's decision, and is the correct answer.

NEW QUESTION: 2
When two MST instances (MST 1 and MST 2) are created on a switch, what is the total number of spanning-tree instances running on the switch?
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Unlike other spanning tree protocols, in which all the spanning tree instances are independent, MST establishes and maintains IST, CIST, and CST spanning trees:
An IST is the spanning tree that runs in an MST region.
Within each MST region, MST maintains multiple spanning tree instances. Instance 0 is a special instance for a region, known as the IST. All other MST instances are numbered from 1 to 4094. In the case for this question, there will be the 2 defined MST instances, and the special 0 instance, for a total of 3 instances.
The IST is the only spanning tree instance that sends and receives BPDUs. All of the other span- ning tree instance information is contained in MSTP records (M-records), which are encapsu- lated within MST BPDUs. Because the MST BPDU carries information for all instances, the number of BPDUs that need to be processed to support multiple spanning tree instances is signifi- cantly reduced.
All MST instances within the same region share the same protocol timers, but each MST in- stance has its own topology parameters, such as root bridge ID, root path cost, and so forth. By default, all VLANs are assigned to the IST.
An MST instance is local to the region; for example, MST instance 1 in region A is independent of MST instance 1 in region B, even if regions A and B are interconnected.
A CIST is a collection of the ISTs in each MST region.
The CST interconnects the MST regions and single spanning trees.
Reference:http://www.cisco.com/c/en/us/td/docs/switches/lan/catalyst6500/ios/12-
2SX/configuration/guide/book/spantree.html

NEW QUESTION: 3
One of the most controversial and unsettled issues in business valuation today is, the valuation of:
A. S corporations
B. Corporations
C. MNCs
D. C corporations
Answer: A

NEW QUESTION: 4
HOTSPOT
You have an Active Directory forest named contoso.com that contains an Exchange Server
2016 organization named Contoso.
Contoso.com has a two-way forest trust with an Active Directory forest named fabrika.com.
The fabriakm.com forest contains an Exchange Server 2016 organization named Fabrikam.
You need to ensure that the users in Contoso can access the free/busy information of all the users in Fabrikam.
An administrator from Fabrikam runs the following command in the organization.
Get-MailboxServer | Add-ADPermission -Accessrights Extendedright -Extendedrights "ms- ExchEPI-Token-Serialization" -User "CONTOSO\Exchange Servers" What command should you run in Contoso? To answer, select the appropriate options in the answer area.

Answer:
Explanation:

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