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NEW QUESTION: 1
Diamond, Platinum, and Gold SLOs are available on a VMAX3 array. A Storage Group was associated with the Diamond SLO. However, the storage administrator discovers that data was allocated from the 15K drives.
What could cause this allocation?
A. Fully Automated Storage Tiering was disabled
B. Fully Automated Storage Tiering was enabled
C. 10K data pools are completely filled up
D. Flash data pools are completely filled up
Answer: D

NEW QUESTION: 2
Wendall Wayne is a fixed income portfolio manager with Skyline Investments. Until recently he has focused almost exclusively on residential mortgage-backed securities (MBS). However, two weeks ago he was given approval to begin purchasing asset-backed securities (ABS) and commercial MBS as well.
Wayne has forecasted that interest rates will decrease by approximately 100 basis points over the next month.
Wayne first completes an analysis of two tranches (a PAC I tranche and a support tranche) from a collateralized mortgage obligation (CMO) that was issued 18 months ago. When the CMO was issued, the initial collar of the PAC I tranche was 150 - 400 PSA. He estimates the change in the average life of each tranche as the prepayment speed varies, assuming the prepayment speed stays at that speed until the tranche matures. The results are shown in Exhibit 1.

In his report, Wayne makes the following statements regarding the CMO:
Statement 1: The CMO is structured so that the support tranche has more extension risk, and the PAC I tranche has more contraction risk.
Statement 2: The cash flows of the PAC I tranche will be less affected by the change in interest rates I have forecast than the cash flows of the support tranche.
Wayne has pushed for approval to begin trading ABS because he is particularly interested in collateralized debt obligations (CDOs). However, he doesn't know a lot about them, so he first does some reading and prepares some key points related to CDOs to guide his analysis.
Statement 3: CDOs are typically collateralized by emerging market bond issues, home equity bank loans, and high-yield corporate bond issues.
Statement 4: One advantage of issuing a synthetic CDO versus a cash CDO is that credit risk is lower with a synthetic CDO because the junior note holders also sell a credit default swap.
Statement 5: Some CDOs include an equity tranche to provide payment and credit protection to the senior and mezzanine tranches, but for most issues, credit protection is provided by external credit enhancements.
Wayne wants to understand the distinction between amortizing and non-amortizing assets that are securitized by ABS transactions, as well as the appropriate spread measures to use for various types of fixed-income securities. He asks a colleague, Martin Freed, to explain to him the difference between the two and how the payment structure of the ABS is affected by whether the assets in the pool are amortizing or non-amortizing. Freed replies:
Statement 6: An auto loan is an example of an amortizing asset, and a credit card receivable is an example of a non-amortizing asset.
Statement 7: For amortizing assets, the composition of the loans in the asset pool doesn't change once the assets are securitized. For non-amortizing assets, the composition of the asset pool does change.
Freed also tells Wayne that the credit analysis of commercial mortgage-backed securities (CMBS) should focus on the credit risk of the property, not the borrower. Freed also says that two key ratios useful for assessing the credit risk of the property are the debt service coverage ratio (net operating income/debt service) and the loan-to-value ratio (current mortgage amount/current appraised value). Wayne concludes that both of the ratios Freed recommends for credit analysis of CMBS are positively related to credit risk:
the higher the ratio, the more risky the loan.
Finally, Wayne is trying to determine the most appropriate spread measure for valuing callable corporate bonds and high-quality home equity loan ABS. He plans to choose from the following measures: the zero- volatility spread, the OAS from the binomial model, and the OAS from the Monte Carlo model.
Regarding the CMO, are Wayne's statements correct?
A. Only Statement 2 is correct.
B. Both statements are correct.
C. Only Statement 1 is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Statement 1 is incorrect. The PAC I tranche has less extension risk and less contraction risk than the support tranche. It has less contraction risk because when rates fall and prepayment speeds increase, the average life of the PAC I tranche falls by less than the average life of the support tranche. It has less extension risk because when rates rise and prepayment speeds fall, the average life of the PAC I tranche increases by less than the support tranches average life.
Statement 2 is correct. If interest rates decrease by 100 basis points, prepayment speeds will increase.
The support tranche will absorb most of the unexpected prepayments, however, and its cash flows will be significantly affected, while the PAC I tranche will be minimally affected. (Study Session 15, LOS 55.h,i)

NEW QUESTION: 3
Which of the following was launched against a company based on the following IDS log?
122.41.15.252 - - [21/May/2012:00:17:20 +1200] "GET
/
index.php?username=AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAA HTTP/1.1" 200 2731 "http://www.company.com/cgibin/
forum/commentary.pl/noframes/read/209" "Mozilla/4.0 (compatible;
MSIE 6.0; Windows NT 5.1; Hotbar 4.4.7.0)"
A. SQL injection
B. XSS attack
C. Buffer overflow attack
D. Online password crack
Answer: C
Explanation:
Section: Threats and Vulnerabilities
Explanation/Reference:
Explanation:
The username should be just a username; instead we can see it's a long line of text with an HTTP
command in it. This is an example of a buffer overflow attack.
A buffer overflow occurs when a program or process tries to store more data in a buffer (temporary data
storage area) than it was intended to hold. Since buffers are created to contain a finite amount of data, the
extra information - which has to go somewhere - can overflow into adjacent buffers, corrupting or
overwriting the valid data held in them. Although it may occur accidentally through programming error,
buffer overflow is an increasingly common type of security attack on data integrity. In buffer overflow
attacks, the extra data may contain codes designed to trigger specific actions, in effect sending new
instructions to the attacked computer that could, for example, damage the user's files, change data, or
disclose confidential information. Buffer overflow attacks are said to have arisen because the C
programming language supplied the framework, and poor programming practices supplied the
vulnerability.