Hitachi HCE-5910 Q&A - in .pdf

  • HCE-5910 pdf
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NEW QUESTION: 1
変更テーマを適用するための最小要件はどれですか?
A. すべての変更を調整してプロジェクトの品質を向上させる
B. 生産される製品の内訳を生成する
C. 問題がプロジェクトの継続に影響を与えるかどうかを識別するため
D. 各変更が確実に例外として管理されるようにするため
Answer: D

NEW QUESTION: 2

A. x-amz-server-side-encryption-customer-key-AES-256
B. x-amz-server-side-encryption-customer-key-MD5
C. x-amz-server-side-encryption-customer-key
D. x-amz-server-side-encryption-customer-algorithm
Answer: A
Explanation:
AWS S3 supports client side or server side encryption to encrypt all data at rest. The server side
encryption can either have the S3 supplied AES-256 encryption key or the user can send the key along
with each API call to supply his own encryption key (SSE-C). When the user is supplying his own
encryption key, the user has to send the below mentioned parameters as a part of the API calls:
x-amz-server-side-encryption-customer-algorithm: Specifies the encryption algorithm
x-amz-server-side-encryption-customer-key: To provide the base64-encoded encryption key
x-amz-server-side-encryption-customer-key-MD5: To provide the base64-encoded 128-bit MD5 digest of
the encryption key
Reference: http://docs.aws.amazon.com/AmazonS3/latest/dev/ServerSideEncryptionCustomerKeys.html

NEW QUESTION: 3
Basis risk between spot and futures prices for stock indices is caused by changes in:
I. The risk free rate, or the funding cost for the futures
II. Expected dividend yield
III. Volatility of the underlying stock index
A. I and III
B. I and II
C. II and III
D. I, II and III
Answer: B
Explanation:
Explanation
Basis risk between spot and futures prices is the risk that the prices of the futures contract will not move in lockstep with the spot prices. Basis risk creates a problem when investors are trying to get exposure to a stock price through a futures contract, or are trying to hedge a position using a futures contract, and over time the prices of these two diverge.
To understand why basis risk arises, we need to think about how futures prices are determined. Futures prices are nothing but the spot prices plus the carrying cost, ie what it would cost for the seller of the contract to buy the spot security and hold it till the time of delivery in the future. During this holing period, the seller of the contract has to pay interest to fund his purchase in the spot market, and also receives and distributions such as dividends. In the case of commodity futures, he may also have to pay storage charges. When determining the futures prices, it is not known with complete certainty as to what the carrying costs will ultimately turn out to be - interest rates may change, dividends may turn out to be more or less, leading to changes in the futures prices without changes in the spot prices. This gives rise to basis risk.
Therefore changes to the risk free rate, which is a proxy for the true funding cost of the futures position and changes in expected dividends creates basis risk. Volatility of the underlying is irrelevant for futures.
Therefore Choice 'b' is the correct answer.

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