C_THR81_2305 Certification

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NEW QUESTION: 1
次のうち、意思決定エンジンと従来のルールエンジンの違いを説明しているものはどれですか？
に渡されるルール：
A. 意思決定エンジンはワーキングメモリとアジェンダを活用できません。
B. クラシックルールエンジンは既にコードとしてコンパイルされています。
C. クラシックルールエンジンはBALルール言語のみを使用できます。
D. 決定エンジンはすでにコードとしてコンパイルされています。
Answer: D

NEW QUESTION: 2
Which of the following statements are true:
I. Implied volatility refers to volatility estimates made by risk managers for their VaR calculations II. Implied volatility is generally observed to be constant across strikes and expiries, as otherwise we would have riskless arbitrage possible.
III. Volatility smile refers to the shape of the implied volatility curve across different strike prices IV. An option portfolio cannot have negative theta
A. I and III
B. III and IV
C. III
D. I, II and IV
Answer: C
Explanation:
Explanation
Implied volatility is the volatility that is priced in the current market prices. In other words, we know the formula for pricing an option, and we find the value of the volatility for which we get the current market price.
It is the volatility that the market is ascribing to that security. Therefore statement I is not correct.
Implied volatility in the market tends to vary across strikes, even with the same underlying. There is a certain level of demand for out of the money puts, for example, from investors trying to set a floor for their losses. At the same time, there is a natural supply of out of the money calls from investors trying to earn some relatively risk free premiums. These factors cause options with different strikes to be priced in a way as to give different estimates of market volatility at each strike *& resulting in the 'volatility smile'). Therefore statement II is not correct.
The shape of the implied volatility curve is called the 'volatility smile', because of the shape it sometimes takes. Statement III is correct.
Theta is the rate of change of an option's price with the passage of time. It causes the value of the option to decrease over time, such that if it is out of the money and close to expiry, the price of the option approaches zero. Theta is therefore negative by definition. Statement IV is not correct. Remember that theta will be positive for short positions.

NEW QUESTION: 3
A fault tolerant storage array with clustered nodes is being installed. Which of the following would be the
BEST description of this type of array?
A. Active- Active
B. Passive-Active
C. Active-Passive
D. Passive-Passive
Answer: A

NEW QUESTION: 4
Spanning Tree Protocol IEEE 802.1 s defines the ability to deploy which of these?
A. one STP instance per set of bridges
B. one STP instance per set of VLANs
C. one global STP instance for all VLANs
D. one STP instance for each VLAN
Answer: B
Explanation:
The IEEE 802.1s standard is the Multiple Spanning Tree (MST). With MST, you can group VLANs and run one instance of Spanning Tree for a group of VLANs. Other STP types: Common Spanning Tree (CST), which is defined with IEEE 802.1Q, defines one spanning tree instance for all VLANs. Rapid Spanning Tree (RSTP), which is defined with 802.1w, is used to speed up STP convergence. Switch ports exchange an explicit handshake when they transition to forwarding.

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