FCP_FWB_AD-7.4 Dumps PDF

FCP_FWB_AD-7.4 Zertifizierungsantworten, FCP_FWB_AD-7.4 Deutsch Prüfungsfragen - Photoexperienceacademy

• Name: FCP - FortiWeb 7.4 Administrator
• Exam Code: FCP_FWB_AD-7.4
• Certification: FCP_FWB_AD-7.4
• Vendor: Fortinet
• Total Question: 630
• Price: 49$

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NEW QUESTION: 1
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.

RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
Regarding hedging the currency risk of the Japanese stock portfolio, which hedge would be most appropriate?
A. Hedge A.
B. Hedge C.
C. Hedge B.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The hedging of currency risk with options should focus on buying an option, not writing (selling) them. In this case, the purchase of a put on Japanese yen provides RS with a minimum amount of Canadian dollars they will receive for the sale of Japanese yen. The sale of a call on Japanese yen would provide income enhancement but would not provide a complete hedge against adverse currency movements. The sale of a put on Canadian dollars is the same position as the sale of a call on Japanese yen (RS is giving the counterparty the right to sell them dollars in ex-change for the counterparty buying Japanese yen). (Study Session 14, LOS 41.f

NEW QUESTION: 2
프로젝트 관리자가 새 프로젝트의 견적 프로세스를 시작합니다. 프로젝트 관리자는 18 개월 전에 유사한 프로젝트가 완료되었음을 알고 있으므로 어떤 유형의 견적을 사용해야 합니까?
A. 파라 메트릭
모수 추정은 과거 데이터를 사용하여 비용을 계산합니다. 그러나 통계 데이터를 사용합니다. 비슷한 프로젝트에서 변수를 가져 와서 현재 프로젝트에 적용합니다.
https://pmstudycircle.com/2012/06/4-tools-to-estimate-costs-in-the-project-management/
B. 유사
C. 상향식
D. 3 점
Answer: A

NEW QUESTION: 3
While performing surveillance activities an attacker determines that an organization is using 802.1X to secure LAN access. Which of the following attack mechanisms can the attacker utilize to bypass the identified network security controls?
A. Pharming
B. MAC spoofing
C. ARP poisoning
D. Xmas attack
Answer: C

NEW QUESTION: 4
Which of the following is MOST important for a successful information security program?
A. Adequate policies, standards and procedures
B. Adequate training on emerging security technologies
C. Open communication with key process owners
D. Executive management commitment
Answer: D
Explanation:
Sufficient executive management support is the most important factor for the success of an information security program. Open communication, adequate training, and good policies and procedures, while important, are not as important as support from top management; they will not ensure success if senior management support is not present.

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