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NEW QUESTION: 1
All other things being equal, which one of the following bonds has the greatest duration?
A. 5-year, 12% coupon bond.
B. 15-year, 8% coupon bond.
C. 15-year, 12% coupon bond.
D. 5-year, 8% coupon bond.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
If bonds are identical except for maturity and coupon, the one with the longest maturity and lowest coupon will have the greatest duration. The rationale for this is similar to that for price volatility. Duration is approximately equal to the point in years where the investor receives half of the present value of the bond's cash flows. Therefore, the later the cash flows are received, the greater the duration.
The relationship of maturity to duration is direct - the longer the time to maturity, the greater the duration. A longer-term bond pays its cash flows later than a shorter-term bond, increasing the duration. Here, one of the 15-year bonds will have the greatest duration.
The relationship of coupon to duration is indirect - the lower the coupon rate, the greater the duration. A lower coupon bond pays lower annual cash flows than a higher-coupon bond and thus has less influence on duration. Here, the 15-year bond with the lowest coupon (8.00%) will have the greatest duration.

NEW QUESTION: 2
Which of the following file systems supports the hot fixing feature?
A. exFAT
B. NTFS
C. FAT16
D. FAT32
Answer: B

NEW QUESTION: 3
In steady state, what is the approximate rate of data removed from an Avamar grid during a daily garbage collection?
A. 10 GB per hour per node
B. 10 GB per hour per grid
C. 100 GB per hour per node
D. 100 GB per hour per grid
Answer: A
Explanation:
Explanation/Reference:
Explanation/Reference:


NEW QUESTION: 4
Which two statements correctly describe the BGP ttl-security feature? (Choose two.)
A. This feature will cause the EBGP updates from the router to be sent using a TTL of 1
B. This feature prevents IBGP sessions with non-directly connected IBGP neighbors
C. This feature needs to be configured on each participating BGP router
D. This feature is used together with the ebgp-multihop command
E. This feature protects the BGP processes from CPU utilization-based attacks from EBGP neighbors which can be multiple hops away
Answer: C,E
Explanation:
Section: (none)
Explanation/Reference:
Explanation: