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LPQ-205

Exam Code: LPQ-205

Exam Name: LP Qualified

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
What is the function of the snmp-server manager command?
A. to enable the device to send SNMP traps to the SNMP server
B. to configure the SNMP server to store log data
C. to disable SNMP messages from getting to the SNMP engine
D. to enable the device to send and receive SNMP requests and responses
Answer: D
Explanation:
The SNMP manager process sends SNMP requests to agents and receives SNMP responses and notifications from
agents. When the SNMP manager process is enabled, the router can query other SNMP agents and process incoming
SNMP traps.
Most network security policies assume that routers will be accepting SNMP requests, sending SNMP responses, and
sending SNMP notifications. With the SNMP manager functionality enabled, the router may also be sending SNMP
requests, receiving SNMP responses, and receiving SNMP notifications. The security policy implementation may need
to be updated prior to enabling this functionality.
SNMP requests are typically sent to UDP port 161. SNMP responses are typically sent from UDP port 161. SNMP
notifications are typically sent to UDP port 162.

NEW QUESTION: 2
Which of the following would not be a prohibited activity for a broker-dealer?
I. A broker-dealer tells a client that a municipal revenue bond offered by the city of Boston, Massachusetts
is almost risk-free because it is backed by the taxes paid to the city, and the city generates a lot of tax
dollars.
II. A broker-dealer sells a client some bonds that the broker-dealer has in its portfolio, after informing the
client that it is acting as a seller in the transaction.
III. A broker-dealer purchases some stock that a client is selling for its own portfolio, after informing the
client that it is acting as a buyer in the transaction.
IV. A broker-dealer purchases 1,000 shares of Southwest Airlines for a client who calls and asks the
broker-dealer to buy some shares of a domestic airline stock at a good price for him and receives written
discretionary authority from the client two days later, prior to the settlement date.
A. II, III and IV only
B. I and IV only
C. I only
D. II and III only
Answer: D
Explanation:
Only Selections II and III describe activities that are not prohibited for a broker-dealer. A
broker-dealer can act as a dealer and either sell securities that it owns to a client, as described in
Selection II, or buy securities from a client, as described in Selection III, to hold in its own portfolio as long
as it discloses to the client that it is doing so. A broker-dealer cannot tell a client that a revenue bond
issued by the city of Boston, Massachusetts is almost risk-free since there is a risk of default, especially in
the case of a revenue bond, which is not backed by the full taxing power of the city, but only by the
revenues generated by a specific project. Moreover, there are other risks involved in bond investments,
such as interest rate risk, so Selection I is a prohibited activity. A broker-dealer cannot make a
discretionary trade for a client that involves more than just price and time within receiving written
authorization prior to executing the trade, so Selection IV also describes a prohibited activity.

NEW QUESTION: 3
T-bill discount rate = 5.85% T-bill face value = $100,000 Initial term = 90 days
What is the bond equivalent yield on this T-bill?
A. 6.02%
B. 5.95%
C. 5.94%
D. 5.87%
Answer: A

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