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NEW QUESTION: 1
If the 99% VaR of a portfolio is $82,000, what is the value of a single standard deviation move in the portfolio?
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
Explanation
Remember that VaR is merely a multiple of the portfolio's standard deviation. The multiple is determined by the confidence level, and for a 99% confidence level this multiple is 2.3264 (=-NORMSINV(1%) in Excel).
Therefore one standard deviation at this level of confidence would be equal to VaR/2.3264.
In addition to the Z-value at 99% confidence, you should also remember what the Z value is for a 95% level of confidence, as PRM questions may expect you to know these. The standard Windows calculator allowed in the exam does not allow you to calculate these, so it is safer to just remember these values.

NEW QUESTION: 2
In a rolling upgrade scenario, by default, when will each node reboot?
A. After all nodes are upgraded, a controlled parallel reboot of all nodes is performed.
B. Each node will reboot automatically before the upgrade of the next node is initiated.
C. Each node will need a controlled reboot before the upgrade of the next node is initiated.
D. After all nodes are upgraded, each node will reboot one after the other.
Answer: B

NEW QUESTION: 3
You are developing an application that uses structured exception handling. The application includes a class named Logger. The Logger class implements a method named Log by using the following code segment:
public static void Log(Exception ex) { }
You have the following requirements:
* Log all exceptions by using the Log() method of the Logger class.
* Rethrow the original exception, including the entire exception stack.
You need to meet the requirements. Which code segment should you use?

A. Option C
B. Option D
C. Option A
D. Option B
Answer: B