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NEW QUESTION: 1
The principle underlying the contingent claims approach to measuring credit risk equates the cost of eliminating credit risk for a firm to be equal to:
A. the market valuation of the firm's equity less the value of its liabilities
B. the cost of a call on the firm's assets with a strike equal to the value of the debt
C. the probability of the firm's assets falling below the critical value for default
D. the value of a put on the firm's assets with a strike equal to the value of the debt
Answer: D
Explanation:
Explanation
Under the contingent claims approach, a firm will default on its debt when the value of its assets fall to less than the face value of the debt. Debt holders can protect themselves against such an event by buying a put on the assets of the firm, where the strike price is equal to the value of the debt. In other words, Risky Debt + Put on the firm's assets = Risk free debt. This is because if the value of the assets is greater than the value of the debt, they will be paid in full. If the value of the assets is lower than the value of the debt, they will exercise the put and be paid in full.
Therefore the value of the put on the firm's assets with a strike equal to the value of the debt represents the cost of eliminating credit risk. Choice 'b' is the correct answer.
Note that it is improbable that a put on the firm's assets is available in real life to debt holders. However, the same effect can be synthetically achieved by using the shares of the firm as a proxy for its assets, and shorting an appropriate number of shares. Such a synthetic put will require frequent readjustments.
NEW QUESTION: 2
企業は、ITインフラストラクチャのほとんどをAWSに移行する予定です。既存のオンプレミスActive DirectoryをAWSのIDプロバイダーとして活用したいと考えています。
セキュリティエンジニアは、会社のオンプレミスActive DirectoryとAWSをフェデレートするために、どの組み合わせの手順を実行する必要がありますか？ （2つ選択してください。）
A. Active DirectoryとAWSの間に証明書利用者の信頼を追加するようにAmazon Cognitoを設定します。
B. Active DirectoryとAWSの間に証明書利用者の信頼を追加するようにActive Directoryを構成します。
C. 各Active Directoryグループに対応するアクセス許可を持つIAMロールを作成します。
D. 各Active Directoryグループに対応するアクセス許可でIAMグループを作成します。
E. SAMLプロバイダーをサポートするようにAmazon Cloud Directoryを構成します。
Answer: B,C
Explanation:
Explanation
https://aws.amazon.com/blogs/security/how-to-establish-federated-access-to-your-aws-resources-by-using-active
NEW QUESTION: 3
When performing a backup through Cisco UCS Manager, which backup type must you to backup locally authenticated users?
A. Logical Configuration
B. Full State
C. System configuration
D. All configuration
Answer: C
Explanation:
Explanation
System configuration - An XML file that includes all system configuration settings such as usernames, roles, and locales. You can use the file generated from this backup to import these configuration settings to the original fabric interconnect or to a different fabric interconnect. You cannot use this file for a system restore.
Reference:
https://www.cisco.com/c/en/us/td/docs/unified_computing/ucs/sw/gui/config/guide/2-0/b_UCSM_GUI_Configu
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Aalk - 2014-05-05 16:45:18
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