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NEW QUESTION: 1
_____________ is a type of symmetric-key encryption algorithm that transforms a fixed-length block of plaintext (unencrypted text) data into a block of ciphertext (encrypted text) data of the same length.
A. Block Cipher
B. Hash Cipher
C. Stream Cipher
D. Bit Cipher
Answer: A

NEW QUESTION: 2
ベンダーのパフォーマンスポリシーを評価する際の監査ステップとして含まれない可能性が高いのは、次のうちどれですか？
A. 許可されたアイテムのみがベンダーから受け取られたかどうかを判別します。
B. ベンダーに支払うべき残高が正しいかどうかを判断します。
C. ベンダーから購入した商品の品質が満足できるものであるかどうかを判断します。
D. 合意されたロットサイズがベンダーから送信されたかどうかを判断します。
Answer: B

NEW QUESTION: 3
Which of the following statements are true:
I. For a delta neutral portfolio, gamma and theta carry opposite signs
II. The sum of the absolute value of gamma for a call and a put for the same option is 1 III. A large positive gamma is desirable in a delta neutral portfolio IV. A trader needs at least two separate tradeable options to simultaneously make a portfolio both gamma and vega neutral
A. I and II
B. II and IV
C. I, III and IV
D. III and IV
Answer: C
Explanation:
Explanation
Statement I is true. Consider the Black Scholes PDE 202.23.e1
and substitute delta = 0 (as this is a delta neutral portfolio), and we get the result 202.23.e.
Since r is generally small, and and S are positive, theta will be negative when gamma is positive and vice versa.
Statement II is incorrect. The gamma of a call and a put are equal and do not add to 1. The relationship described applies to delta, and not gamma.
Statement III is correct because positive gamma means that the portfolio gains both from an increase and a decrease in the value of the underlying, given delta neutrality. (Generally, a positive gamma is a good thing, but like everything else, it does not come free. A trader can choose to keep their portfolio gamma positive, but in doing so he or she would be giving up premiums from options they would have sold to neutralize the gamma.) Statement IV is correct because the only way to hedge gamma and vega is through other options positions as only options have gamma and vega. If only one tradeable option is available, it would be possible to hedge either the gamma or the vega, but not both, as achieving neutrality in one will upset the neutrality of the other.
The only way to simultaneously hedge the two would be to use two different options on the underlying, and determine the number of options to be traded (using a system of simultaneous equations).

NEW QUESTION: 4
You are configuring secondary links for the connections between the Melbourne and Sydney sites and between the Melbourne and Adelaide sites. The existing Melbourne to Sydney site link is called MEL-SYD- ALPHA and has a site link cost of 100. The existing Melbourne to Adelaide site link is called MEL-ADL- ALPHA and has a site link cost of 100.
You want the secondary site links to be used only when the existing site links are unavailable.
The new site links are named MEL-SYD-BETA and MEL-ADL-BETA.
Which of the following steps should you take to accomplish this goal?
A. Configure the site link cost for the MEL-SYD-BETA with a value of 110.
B. Configure thesite link cost for the MEL-ADL-BETA with a value of 110.
C. Configure the site link cost for the MEL-SYD-BETA with a value of 90.
D. Configure the site link cost for the MEL-ADL-BETA with a value of 90.
Answer: A,B
Explanation:
Explanation/Reference:
Explanation: