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NEW QUESTION: 1
Where futures are being used to hedge a commodities position, which of the following formulae should be used to determine the number of futures contracts to buy (or sell)?
A. Minimum Variance Hedge Ratio x Units in Position Held / Units in Single Futures Contract
B. Minimum Variance Hedge Ratio
C. Minimum Variance Hedge Ratio x Dollar Value of Position / Dollar Value of Single Futures Contract
D. Minimum Variance Hedge Ratio x Dollar Value of Position / Units in a Single Futures Contract
Answer: C
Explanation:
Explanation
When using a futures contract to hedge a position, the correct way to determine the number of futures contracts to use is to use the following formula. This adjusts for the 'tailing the hedge' adjustment required as a result of the daily settlement feature of futures contracts.
Minimum Variance Hedge Ratio x Dollar Value of Position / Dollar Value of Single Futures Contract When using forward contracts to hedge a position, no adjustment to tail the hedge is required (as settlement happens only at the end), and the number of units of the exposure when compared to the number of units per contract should be used. The formula in the case of forward contracts is:
Minimum Variance Hedge Ratio x Units in Position Held / Units in Single Futures Contract In practice however, the difference between the above two formulae is de-minimis; and for the exam you should be okay to use either of the above two to determine the number of contracts - unless the question is directed to testing your knowledge of the 'tailing the hedge' adjustment.

NEW QUESTION: 2
DRAG DROP
You manage a Microsoft Azure HDInsight Hadoop cluster. All of the data for the cluster is stored in Azure Premium Storage.
You need to prevent all users from accessing the data directly. The solution must allow only the HDInsight service to access the data.
Which five actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Select and Place:

Answer:
Explanation:

Explanation/Reference:
Explanation:
Example: scenario where a customer wishes to explore a move from an existing Hortonworks (HDP) cluster to an Azure HDInsight (HDI) cluster.
With the target Storage account in place, I can now configure the HDP cluster to connect to it. The easiest way I have found to do this is using Ambari:
Login to the Ambari portal and navigate to the (default) dashboard

Select HDFS from the left-hand navigation

On the resulting HDFS page, click on the Configs tab

On the resulting page, select the Advanced option

Scroll down and expand the Custom core-site node

Select Add Property... from the bottom of the expanded node

Enter fs.azure.account.key.<account name>.blob.core.windows.net, substituting the name of the

Storage account for <account name>, as the Name of the property
Enter the Account key as the Value of the property

Click the Add button and verify the new property appears under the Custom core-site node

Locate the notification bar at the top of the current page

Click the Save button on the notification bar to push changes to the cluster

Follow any remaining prompts to complete the Save process

Once the Save process is completed, Ambari will indicate a restart of some services is required. Click

the Restart button and Restart All Affected from the resulting drop-down. Follow any remaining prompts and monitor the process until it is successfully completed.
Reference: https://blogs.msdn.microsoft.com/data_otaku/2016/12/09/pushing-data-from-a-hortonworks- cluster-to-an-azure-hdinsight-cluster/

NEW QUESTION: 3

A. cisco
B. Hostname
C. chap
D. ppp
Answer: B

NEW QUESTION: 4
The implementations group has been using the test bed to do a `proof-of-concept' that requires both Client
1 and Client 2 to access the WEB Server at 209.65.200.241. After several changes to the network
addressing, routing schemes, DHCP services, NTP services, layer 2 connectivity, FHRP services, and
device security, a trouble ticket has been opened indicating that Client 1 cannot ping the 209.65.200.241
address.
Use the supported commands to isolated the cause of this fault and answer the following questions.
On which device is the fault condition located?

A. R2
B. R3
C. DSW1
D. R4
E. ASW1
F. DSW2
G. R1
Answer: G

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