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You are redesigning an OSPF v2 network and must migrate some links. You are concerned that there are different subnet masks. Which two link types will still form an OSPF adjacency even if there are subnet mask mismatches? (Choose two.)
A. non-broadcast
B. virtual
C. point-to-point
D. point-to-multipoint
E. broadcast
Answer: B,C
Satish Dhawan, a veteran fixed income trader is conducting interviews for the post of a junior fixed income trader. He interviewed four candidates Adam, Balkrishnan, Catherine and Deepak and following are the answers to his questions.
Question 1: Tell something about Option Adjusted Spread
Adam: OAS is applicable only to bond which do not have any options attached to it. It is for the plain bonds.
Balkishna: In bonds with embedded options, AS reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
Catherine: Sincespreads are calculated to know the level of credit risk in the bound, OAS is difference between in the Z spread and price of a call option for a callable bond.
Deepark: For callable bond OAS will be lower than Z Spread.
Question 2: This is a spread that must be added to the benchmark zero rate curve in a parallel shift so that the sum of the risky bond's discounted cash flows equals its current market price. Which Spread I am talking about?
Adam: Z Spread
Balkrishna: Nominal Spread
Catherine: Option Adjusted Spread
Deepark: Asset Swap Spread
Question 3: What do you know about Interpolated spread and yield spread?
Adam: Yield spread is the difference between the YTM of a risky bond and the YTM of an on-the-run treasury benchmark bond whose maturity is closest, but not identical to that of risky bond. Interpolated spread is the spread between the YTM of risky bond and the YTM of same maturity treasury benchmark, which is interpolated from the two nearest on-the-run treasury securities.
Balkrishna: Interpolated spread is preferred to yield spread because the latter has the maturity mismatch, which leads to error if the yield curve is not flat and the benchmark security changes over time, leading to inconsistency.
Catherine: Interpolated spread takes account the shape of the benchmark yield curve and therefore better than yield spread.
Deepak: Both Interpolated Spread and Yield Spread rely on YTM which suffers from drawbacks and inconsistencies such as the assumption of flat yield curve and reinvestment at YTM itself.
Then Satish gave following information related to the benchmark YTMs:
There is an 8.75% risky bond with a maturity of 2.75% year(s). Its current price is INR102.31, which corresponds to YTM of 8.52%. Compute Yield Spread from the information provided in the vignette:
A. 0.27%
B. 0.36%
C. 0.13%
D. 0.00%
Answer: B
In the Cisco Unified Contact Center Enterprise solution with clustering over the WAN, which statement about the Cisco Unified Communications Manager peripheral gateway duplex pair is true?
A. The peripheral gateway may use the highly available WAN connection between the sites (visible network) for all traffic--visible and private.
B. The peripheral gateways must be co-located at one side or the other of the Cisco Unified Communications Manager cluster.
C. The peripheral gateway private network may be shared with any other private connections-- peripheral gateways or call routers/loggers.
D. Each side of the peripheral gateway pair (side A and side B) must be configured to point to a local and a remote CTI Manager across the WAN from the PG location.
Answer: C
A student asks an off-topic open-ended question. Which of the following would be the BEST response?
A. Inform the students that the question will not be on the test
B. Ask the student to research the question
C. Explain politely why the question is off topic and move on
D. Clarify with the student which topic the question pertains to
Answer: C
Explanation:
Explanation/Reference:
Explanation:
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