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NEW QUESTION: 1
You are validating whether a SQL Server Integration Services (SSIS) package named Master.dtsx in the SSIS catalog is executing correctly.
You need to display the number of rows in each buffer passed between each data flow component of the package.
Which three 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.)
Answer:
Explanation:
Explanation
Box 1:
Box 2:
Box 3:
Note:
* You are going to become very very familiar indeed with [catalog].[executions]. It is a view that provides a record of all package executions on the server and, most importantly, it contains [execution_id] - the identifier for each execution and the field to which all other objects herein will be related.
NEW QUESTION: 2
Jack Thomas and Tim Bentley are analysts for Bond Analytics (BA). BA provides bond analysis for mutual fund managers, hedge fund managers, and institutional money managers in the United States. BA specializes in the valuation of international bonds and callable bonds, using intrasector analysis to find undervalued bonds. In addition to valuing the bonds, they also advise clients on whether to hedge currency risk for international bonds. Thomas has been a particularly strong advocate of hedging the currency risk of international bonds, especially in emerging markets, using forward contracts when they are available.
At a morning meeting, Thomas and Bentley are trying to decide whether to hedge the currency risk of a large issue of bonds from a Thai manufacturer of pressed steel, Nakhon Metals. The client considering purchasing the bonds is a large U.S. mutual fund, Epsilon Funds. Epsilon has started to explore the possibility of earning higher returns through currency management using forward contracts. Thomas and Bentley discuss the various hedges of currency risk for the Nakhon Metals bond. One possibility is using a forward hedge position on the Thai baht. A second possibility is using forward contracts where the baht is delivered for Korean won. Thomas states that the second hedge would be pursued if the won was expected to appreciate more against the U.S. dollar than the baht. In the second hedge, the manager would sell won for dollars at the future spot rate.
Thomas and Bentley gather the following information on the expected changes in the various currencies, the 1-year cash rates in the respective countries, and the expected return on the Nakhon bond.
Additionally, the Nakhon Metals bond has a duration of 7.30 and is being compared against a bond denominated in U.S. dollars, issued by Powhatan Industries. The Powhatan bond has a duration of 4.2 and a yield of 4.50%. Whichever bond is purchased will be held for the next year. Thomas projects that the yield for the Nakhon Metals bond is expected to increase by I 5 basis points while the yield on the Powhatan Industries bond is expected to stay constant.
The following day, Thomas and Bentley discuss the market for and valuation of callable and long duration bonds. They believe that interest rates are temporarily low and for this reason want to be careful about their bond investments. Although they could hedge interest rate risk, they prefer not to because they believe it reduces the ultimate long-term return.
Thomas says that due to secular changes in the bond market, bonds with structures are expected to become more scarce. He says that the problem with callable bonds has been that they typically trade at a premium due to their scarcity. Bentley states that bonds with long durations also trade at a premium because they are scarce as well.
Thomas states that the performance of callables and non-callables may differ when interest rates change due to the inherent call risk. He discusses the relative performance under two scenarios:
* Scenario A: Interest rates are near coupon rates and fall for both callables and non-callables by the same amount.
* Scenario B: Interest rates are historically very low and rise for both callables and non-callables by the same amount.
Based on interest rate expectations and ignoring currency effects, determine whether the Nakhon Metals bond or Powhatan Industries bond should be more attractive over the one-year time horizon.
A. Neither bond should be more attractive.
B. The Nakhon Metals bond should be more attractive.
C. The Powhatan Industries bond should be more attractive.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In breakeven rate analysis, the analyst determines the yield change that makes the returns on bonds equivalent. Recall that we hold the short duration bond constant and examine the yield change in the longer duration bond that would make the returns equivalent.
To determine the yield change ar which the investor would be indifferent between purchasing rwo bonds, we must first compare the bonds' yields over the holding period. Over the 1-year time horizon, the Nakhon Metals bond has a yield advantage of 0.70% (5.2% - 4.5%). For the returns to be equivalent over the 1- year time horizon (assuming the bonds are purchased at their current prices), the price for the Nakhon Metals bond must fall by 0.70%. For its price to fall, its yield must increase. The magnitude of the yield change is provided by rearranging the modified duration formula:
So if the yield for the Nakhon Metals bond increases by 9.59 basis points and the yield for the Powhatan Industries bond remains constant, the returns for the two bonds will be equivalent over the next year.
Given that the Nakhon Metals bond has an initial yield advantage of 0.70%, its return will be higher as long as its yield does not increase by more than 9.59 basis points over the next year. In this case, the yield on the Nakhon Metals bond is expected to increase by 15 basis points, so the Powhatan Industries bond is more attractive. (Study Session 10, LOS 31 -j)
NEW QUESTION: 3
クラウドの顧客はクラウドプロバイダーから何を購入または取得しますか？
A. ホスティング
B. サービス
C. 顧客
D. サーバー
Answer: B
Explanation:
No matter what form they come in, "services" are obtained or purchased by a cloud customer from a cloud service provider. Services can come in many forms--virtual machines, network configurations, hosting setups, and software access, just to name a few. Hosting and servers--or, with a cloud, more appropriately virtual machines--are just two examples of "services" that a customer would purchase from a cloud provider. "Customers" would never be a service that's purchased.
NEW QUESTION: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contain a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it As a result, these questions mil not appear in the review screen.
You have a query for a table named Sales Sales has a column Named Customer lD. The Data Type of Customer ID is Whole Number.
You refresh the data and find several errors. You discover that new entries in the Sales table contain nonnumeric values.
You need to ensure that nonnumeric values in the CustomerlD column are set to 0.
Solution: From Query Editor, select the CustomerID column and click Replace Errors...
Does this meet the goal?
A. No
B. Yes
Answer: B
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