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NEW QUESTION: 1
You have a Microsoft Azure Active Directory (Azure AD) tenant named contoso.com.
Four Windows 10 devices are joined to the tenant as shown in the following table.
On which devices can you use BitLocker To Go and on which devices can you turn on auto-unlock? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 2
Mike Diffle has been asked to evaluate the bonds of Hardin, Inc. The specific issue Diffle is considering has an 8% annual coupon and matures in two years. The bonds are currently callable at 101, and beginning in six months, they are callable at par. Bratton Corp, a competitor of Hardin's, also has bonds outstanding which are identical to Hardin's except that they are not callable. Diffle believes that the AA rating of both bonds is an accurate reflection of their credit risk. Diffle is wondering if the Bratton bonds might be a better investment than the Hardin bonds. Assume that the following 1-year interest rate tree is used to value bonds with a maturity of up to three years (this tree assumes interest rate volatility of 10%).
Also, assume that the appropriate spot rates for securities maturing in one, two, and three years are 7.25%
,7.5%, and 7.80%, respectively.
Diffle believes he should begin his analysis with the option-free Bratton bonds. He decides to consider two different approaches to valuing the Bratton Bonds-one that uses the current spot rate curve and another that uses the interest rate tree given above.
For the next step in his analysis, Diffle has decided to calculate the value of the Hardin bonds using the interest rate tree. His assumption is that the bond will be called ai any node of the tree where the calculated value exceeds the call price. Diffle summarizes the results of his bond valuation analysis in a memo to his supervisor, Luke Puldo. In this memo, Diffle makes the following statements:
Statement 1: The value of the option embedded in the Hardin bonds can be derived by simply subtracting the interest rate tree value of the Hardin bonds from the interest rate tree value of the Bratton bonds.
Statement 2: I am concerned that the 10% volatility assumption used to develop the interest rate tree might be too low. A higher volatility assumption would result in a lower value for the Hardin bonds.
After reviewing Diffle's analysis, Puldo notes that Diffle has not included any information on the option adjusted spread (OAS) for the Hardin bonds. Puldo suggests that Diffle should evaluate the OAS in order to get an idea of the liquidity risk of the Hardin bonds. Diffle counters that the OAS may not be very informative in this case, since he is uncertain as to the reliability of the interest rate volatility assumption.
To finish his analysis, Diffle would like to use his binomial model to evaluate the interest rate risk of both the Hardin bonds and the Bratton bonds. Diffle has shocked interest rates by 25 basis points throughout the interest rate tree he has been using to value the two bond issues. Using the new rates, Diffle has calculated values for the bonds assuming a 25-basis-point increase or decrease in rates. He plans to use these values as inputs into the following formulas for duration and convexity:
Which of the following most accurately critiques the OAS discussion between Diffle and Puldo? Puldo is:
A. incorrect that the OAS will provide insight into the liquidity risk of the Hardin Bonds, but Diffle is correct that different volatility assumptions would change the OAS.
B. correct that the OAS will provide insight into the liquidity risk of the Hardin bonds, and Diffle is correct that different volatility assumptions would change the OAS.
C. correct that the OAS will provide insight into the liquidity risk of the Hardin Bonds, but Diffle is incorrect since OAS implicitly adjusts for the volatility of interest rates.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The OAS removes the yield difference due to the features of the embedded option, and leaves a spread that reflects the difference in credit risk and liquidity risk. Since in this case the credit risk of the bonds is similar, the OAS could prove helpful in evaluating the relative liquidity risk. OAS will be affected by different assumptions regarding the volatility of interest rates. (Study Session 14, LOS 54.g)
NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com. The domain contains a domain controller named DC1 that runs Windows Server 2012 R2.
A user named User1 attempts to log on to DC1, but receives the error message shown in the exhibit. (Click the Exhibit button.)
You need to ensure that User1 can log on to DC1.
What should you do?
A. Grant User1 the Allow log on locally user right.
B. Modify the Logon Workstations setting of the User1 account.
C. Add User1 to the Remote Management Users group.
D. Modify the Account is sensitive and cannot be delegated setting of the User1 account.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Domain controllers, by default, restrict the types of user accounts that have the ability to log on locally.
References:
Exam Ref 70-410: Installing and Configuring Windows Server 2012 R2, Chapter 6: Create and Manage Group Policy, Objective 6.2: Configure Security Policies, p. 321 Exam Ref 70-410: Installing and Configuring Windows Server 2012 R2, Chapter 2: Configure server roles and features, Objective 2.3: Configure servers for remote management, p. 114
http://technet.microsoft.com/en-us/library/ee957044(v=ws.10).aspx
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