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NEW QUESTION: 1
The upside effect of volatility hurts:
I). calls.
II). puts.
A. both I and II.
B. neither.
C. II only.
Answer: B
Explanation:
Volatility does not hurt either puts or calls.

NEW QUESTION: 2
Which of the following servers does Huawei provide?
A. High-density server
B. Blade server
C. Rack server
D. Tower server
Answer: D

NEW QUESTION: 3
You execute the command to recover your database:

Which statement is true?
A. It restores all data files from the specified time, and then applies the redo logs.
B. It restores the control file and all data files from the most recent backups, and then applies the redo logs up to the "until time".
C. It restores all data files and control files from the most recent backup taken before the "until time", and then recovers up to the "until time" using any restored archive logs that are needed to complete the task.
D. It restores all data files, redo log files, and control files, and then applies the redo logs up to the specified time.
Answer: C
Explanation:
Explanation
UNTIL TIME = 'date_string' specifies a time as an upper limit. RMAN selects only files that can be used to restore and recover up to but not including the specified time.
RMAN can perform recovery of the whole database to a specified past time, SCN, or log sequence number.
This type of recovery is sometimes called incomplete recovery because it does not completely use all of the available redo. Incomplete recovery of the whole database is also called database point-in-time recovery (DBPITR).
DBPITR requires restoring your database from an older backup, then performing media recovery until your specified target time, SCN or log sequence number. Note that because you need your archived redo log files to perform this process, you cannot perform database point-in-time recovery if you have been running your database in NOARCHIVELOG mode.
References: https://docs.oracle.com/cd/B13789_01/server.101/b10734/rcmrecov.htm

NEW QUESTION: 4
A bank prices retail credit loans based on median default rates. Over the long run, it can expect:
A. Overestimation of risk and overpricing, leading to loss of market share
B. A reduction in the rate of defaults
C. Correct pricing of risk in the retail credit portfolio
D. Underestimation and therefore underpricing of risk in it retail portfolio
Answer: D
Explanation:
Explanation
The key to pricing loans is to make sure that the prices cover expected losses. The correct measure of expected losses is the mean, and not the median. To the extent the median is different from the mean, the loans would be over or underpriced.
The loss curve for credit defaults is a distribution skewed to the right. Therefore its mode is less than its median which is less than its mean. Since the median is less than the mean, the bank is pricing in fewer losses than the mean, which means over the long run it is underestimating risk and underpricing its loans. Therefore Choice 'd' is the correct answer.
If on the other hand for some reason the bank were overpricing risk, its loans would be more expensive than its competitors and it would lose market share. In this case however, this does not apply. Loan pricing decisions are driven by the rate of defaults, and not the other way round, therefore any pricing decisions will not reduce the rate of default.