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NEW QUESTION: 1
A US treasury bill with 90 days to maturity and a face value of $100 is priced at $98. What is the annual bond-equivalent yield on this treasury bill?
A. 8.28%
B. 8.16%
C. 8.11%
D. 8.00%
Answer: A
Explanation:
Explanation
The bond equivalent yield for a treasury bill can be calculated as [(Future value - Present value)/Present value x 365/days to maturity]. In this case this works out to ($100-$98)/$98 * 365/90 = 8.28%
[Why do we use 365 days and not 360? And is there a different way to calculate treasury bill yields?
The answer to this question is that there are alternate ways to calculate these yields. For the exam, I would suggest that you calculate according to one method, see if you get an answer that matches, and pick that. I found the below on the NY Fed's website - a very clear example: (http://newyorkfed.org/aboutthefed/fedpoint/fed28.html) The Discount Yield Method The following formula is used to determine the discount yield for T-bills that have three- or six-month maturities:
Discount yield = [(FV - PP)/FV] * [360/M]
FV = face value
PP = purchase price
M = maturity of bill. For a three-month T-bill (13 weeks) use 91, and for a six-month T-bill (26 weeks) use
182
360 = the number of days used by banks to determine short-term interest rates (the investment yield method is based on a calendar year: 365 days, or 366 in leap years).
Example
What is the discount yield for a 182-day T-bill, auctioned at an average price of $9,659.30 per $10,000 face value?
Discount yield = [(FV - PP)/FV] * [360/M]
FV = $10,000 PP = $9,659.30 M = 182
Discount yield = [(10,000) - (9,659.30)] / (10,000) * [360/182]
Discount yield = [340.7 / 10,000] * [1.978022]
Discount yield = .0673912 = 6.74%
For the 13-week bill, the same formula would be used, dividing 360 by a maturity of 91 days rather than 182 days.
The Investment Yield Method
When comparing the return on investment in T-bills to other short-term investment options, the investment yield method can be used. This yield is alternatively called the bond equivalent yield, the coupon equivalent rate, the effective yield and the interest yield.
The following formula is used to calculate the investment yield for T-bills that have three- or six-month maturities:
Investment yield = [(FV - PP)/PP] * [365 or 366/M]
Example
What is the investment yield of a 182-day T-bill, auctioned at an average price of $9,659.30 per $10,000 face value?
Investment yield = [(FV - PP)/PP] * [365/M]
FV = $10,000 PP = $9,659.30 M = 182
Investment yield = [(10,000 - 9,659.30) / (9,659.30)] * [365/182]
Investment yield = [340.70] / 9,659.30] * [2.0054945]
Investment yield = .0707372 = 7.07%
For the 13-week bill, the same formula can be used, dividing 365 (or 366) by a maturity of 91 days.

NEW QUESTION: 2
Während eines Projekts werden einige Produkte erworben. Käufer und Verkäufer haben einen CPFF-Vertrag (Cost Plus Fixed Fee) vereinbart. Der Projektmanager ist jedoch besorgt über die mit dieser Art von Vertrag verbundenen Risiken für den Käufer.
Welche Vertragsart hätte verwendet werden sollen, um das Risiko für den Käufer zu senken?
A. Festpreis-Incentive-Gebühr (FPIF)
B. Kosten plus Anreizgebühr (CPIF)
C. Kosten plus Prämiengebühr (CPAF)
D. Fester Festpreis (FFP)
Answer: D

NEW QUESTION: 3
Why are some virtual machines orphaned after rebooting a High Availability
(HA) enabled host?
A. The host is attached to failed storage.
B. The Orphaned virtual machines have HA restart disabled.
C. The host just came out of maintenance mode.
D. The Orphaned virtual machines moved recently and the change did not persist.
Answer: B

NEW QUESTION: 4

A. Set-NetVirtualizationGlobal
B. Set-NetAdapterVmq
C. Enable-NetAdapterBinding
D. Add-WindowsFeature
Answer: C
Explanation:
Hyper-V Network Virtrtualization runs multiple virtual networks on a physical network. And each virtual network operates as if it is running as a physical network. The The Set-NetAdapter cmdlet sets the basic properties of a network adapter such as virtual LAN (VLAN) identifier (ID) and MAC address. Thus if you add the binding parameter to the command then you will be able to install the Windows Network Virtualization Filter Driver. Step one:Enable Windows Network Virtualization (WNV). This is a binding that is applied to the NIC that you External Virtual Switch is bound to. This can be a physical NIC, it can be an LBFO NIC team. Either way, it is the network adapter that your External Virtual Switch uses to exit the server.This also means that if you have multiple virtual networks or multiple interfaces that you can pick and choose and it is not some global setting.If you have one External Virtual Switch this is fairly easy: $vSwitch = Get-VMSwitch -SwitchType External# Check if Network Virtualization is bound# This could be done by checking for the binding and seeing if it is enabledForEach-Object -InputObject $vSwitch {if ((Get-NetAdapterBinding -ComponentID "ms_netwnv" -InterfaceDescription $_.NetAdapterInterfaceDescription).Enabled -eq $false){ # Lets enable it Enable-NetAdapterBinding -InterfaceDescription $_.NetAdapterInterfaceDescription -ComponentID "ms_netwnv"}}