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NEW QUESTION: 1
Changes in which of the following do not affect the expected default frequencies (EDF) under the KMV Moody's approach to credit risk?
A. Changes in the debt level
B. Changes in the firm's market capitalization
C. Changes in asset volatility
D. Changes in the risk free rate
Answer: D
Explanation:
Explanation
EDFs are derived from the distance to default. The distance to default is the number of standard deviations that expected asset values are away from the default point, which itself is defined as short term debt plus half of the long term debt. Therefore debt levels affect the EDF. Similarly, asset values are estimated using equity prices.
Therefore market capitalization affects EDF calculations. Asset volatilities are the standard deviation that form a place in the denominator in the distance to default calculations. Therefore asset volatility affects EDF too.
The risk free rate is not directly factored in any of these calculations (except of course, one could argue that the level of interest rates may impact equity values or the discounted values of future cash flows, but that is a second order effect). Therefore Choice 'b' is the correct answer.

NEW QUESTION: 2
You work as a Database Administrator (DBA) for a company named ABC.com.
The company uses a Microsoft SQL Server 2012 infrastructure.
You have a database named CorpDB. CorpDB contains a table named SalesInfo.
You discover that some table has been deleted from the SalesInfo table.
You are unable to find out who deleted the information.
You need to implement a solution to monitor the deletion of any further information from the SalesInfo
table. You want to minimize the development effort required for the solution.
What should you configure?
A. You should configure table permissions.
B. You should configure change data capture.
C. You should configure a trigger.
D. You should configure a user role.
Answer: B

NEW QUESTION: 3
You need to recommend a licensing solution to a customer that meets the following requirements:
* Includes access to Microsoft Exchange Server, Microsoft Lync Server, Microsoft SharePoint Server, and Microsoft Excel Services
* Provides the ability to perform legal holds on email messages for the purposes of discovery in the event of litigation Which licensing option should you recommend to ensure that users have access to Planned Services?
A. Enterprise Mobility Suite
B. Microsoft System Center Client Management Suite
C. Microsoft Office 365 Enterprise E1
D. Microsoft Office 365 Enterprise E3
Answer: A
Explanation:
Explanation
Microsoft Office 365 Enterprise E3 features include:
* Advanced email - archiving, and legal hold capabilities with unlimited storage (not available in Microsoft Office 365 Enterprise E1)
* SharePoint 10GB and 500MB per user
* IM, Web Conferencing (i.e. Lync)
* Business class email, shared calendars, option to use own domain name
* Word, Excel, PowerPoint, Outlook, Access, OneNote, Publisher, InfoPath

NEW QUESTION: 4
Which two are implemented using the Internet Control Message Protocol (ICMP)?
A. telnet
B. traceroute
C. HTTP
D. syslog
E. DHCP
F. ping
Answer: B,F
Explanation:
Explanation/Reference:
Explanation:
The Internet Control Message Protocol (ICMP) is one of the core protocols of the Internet Protocol Suite.
ICMP differs from transport protocols such as TCP and UDP in that it is not typically used to exchange data between systems, nor is it regularly employed by end-user network applications (with the exception of some diagnostic tools like ping and traceroute).