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NEW QUESTION: 1
与えられた：
1行目と同等のステートメントはどれですか。
A. double totalSalary = list.stream().mapToDouble(e -> e.getSalary() * ratio).reduce(starts, bo);
B. double totalSalary = list.stream().map(Employee::getSalary * ratio).reduce (bo).orElse(0.0);
C. double totalSalary = list.stream().map(e -> e.getSalary() * ratio).reduce (bo).ifPresent (p -> p.doubleValue());
D. double totalSalary = list.stream().mapToDouble(e -> e.getSalary() * ratio).sum;
Answer: B
Explanation:
NEW QUESTION: 2
A customer has given you a requirement to be able to secure pdf documents that have been checked out and exported from the repository. Which Documentum software component would you utilize to meet this requirement?
A. Records Manager Services (RM)
B. Trusted Content Services (TCS)
C. Content Storage Services (CSS)
D. Information Rights Management Services (IRM)
Answer: D
NEW QUESTION: 3
Which of the following symptoms might the nurse observe in a client with a lithium blood level over 2.0?
A. Gastric irritation, nausea, diarrhea
B. Vomiting, impaired consciousness, decreased blood pressure
C. Fine hand tremor, headache, mental dullness
D. Polyuria, polydipsia, edema
Answer: B
Explanation:
Explanation
(A) These symptoms are acute, common, and usually harmless central nervous system side effects of lithium.
(B) These symptoms of lithium toxicity are usually dose related. (C) These symptoms are acute, common, and usually harmless renal side effects of lithium. (D) These symptoms are acute, common, and usually harmless gastrointestinal side effects of lithium.
NEW QUESTION: 4
Mary Pierce, CFA, has just joined The James Group as a fixed income security analyst. Pierce has taken over for Katy Williams, who left The James Group to start her own investment firm. Pierce has been reviewing Williams's files, which include data on a number of securities that Williams had been reviewing.
The first file had information on several different asset-backed securities. A summary schedule that Williams had prepared is shown in Exhibit 1.
Exhibit 1: Summary Schedule
The second file included the following schedule of information relating to a specific CMO thai Williams had been considering. Exhibit 2 reflects the results of a Monte Carlo simulation based on 15% volatility of interest rates. This security is stil! available, and Pierce needs to evaluate the investment merit of any or all of the listed tranches.
A third file contained notes Williams had laken at a seminar a couple of months ago on valuing various types of asset-backed and mortgage-backed securities. These notes included the following comments that Pierce found interesting:
"Cash flow yield (CFY) is one method of valuing mortgage-backed securities. An advantage of the CFY is that it does not rely on any specific prepayment assumptions. An important weakness of CFY is the assumption that interim cash flows will be reinvested at the CFY. This is rarely true for mortgage-backed securities."
"Cash flow duration is similar to effective duration, but its weakness is that it fails to fully account for changes in prepayment rates as cash flow yields change. Empirical duration suffers two disadvantages as a measure of interest rate exposure: reliance on theoretical formulas and reliance on historical pricing data that may not exist for many mortgage-backed securities."
"The recent increase in the default rate for subprime adjustable rate mortgages can be traced to the structure of these loans. The negative amortization feature of these loans basically gave the borrower an at-the-money call option on their property. Once the property decreased in value, this call option was worthless, and the borrower had no incentive to make any additional payments." Evaluate the validity of Williams's comments regarding cash flow yield. She was correct:
A. regarding the weakness of the CFY, but incorrect about the advantage of the CFY.
B. regarding both the advantage of the CFY, and the weakness of the CFY
C. regarding the advantage of the CFY, but incorrect about the weakness of the CFY
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The CFY is dependent on prepayment assumptions; if prepayment rates differ from the assumption, the CFY will not be realized- The reinvestment assumption of the CFY is a weakness. The CFY calculation assumes that interim cash flows arc reinvested at the CFY. (Study Session 15, LOS 57.a)