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APEGS NPPE Online Tests & NPPE Examengine - NPPE Prüfungsunterlagen - Sugakumaster

Exam Code: NPPE
Exam Name: National Professional Practice Examination (NPPE) ExamCertification
Version: V16.75
Q & A: 400 Questions and Answers
NPPE Free Demo download
About APEGS NPPE Exam
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Ihre lächerlichen Flotten zählen nicht.
NEW QUESTION: 1
Refer to the exhibit. Which statement is true?
A. The port belongs to VSAN 70
B. Interface veth10164 is up
C. the interface belongs to server 8/3 and it is pinned to fabric interconnect B
D. if you run "sh nnpv flogi | i vfc1972", details are shown for vfc 1972
Answer: A
NEW QUESTION: 2
The rate of dividend on a stock goes up. What is the effect on the price of a call option on this stock?
A. It decreases the value of the call
B. It does not affect the value of the call
C. It increases the value of the call
D. It may affect the call value either way depending upon the risk-free rate
Answer: A
Explanation:
Explanation
Everything else remaining the same, an increase in the rate of dividends causes the value of call options to fall and the value of put options to rise. Therefore, Choice 'b' is the correct answer. (In the exam, the question could address either a call or a put option, so be aware of the answer in either case).
To understand this, consider how dividends are accounted for when valuing an option using the Black Scholes model. Future dividends are discounted to the present using the risk free rate and this discounted value is reduced from the spot price used in the BSM valuation. Effectively, this reduces the spot price used in the BSM formula. When the spot price reduces, and the exercise price remains the same, then the value of the call option goes down. In the same way, when spot price is reduced by the present value of dividends (and the exercise price stays the same), obviously the put option becomes more valuable. Therefore an increase in the rate of dividends increases the value of the put option.
There is another intuitive way to think about this: A call option is like a long position in the stock, but the holder of the call option is not entitled to receive dividends (unlike the holder of the stock). Since the holder of the call option has to forego the dividends, he is willing to pay less for the option; or in other words, the value of the call reduces.
In the same way, a put option is like having a short position in the stock. The holder of the short position has to borrow the stock in order to get into the short position in the first place. When dividends are paid, the holder of the short stock position has to make good any dividends that might be paid to the lender of the stock. The holder of a put option does not have to make any such payments. Therefore the put option is more valuable, and the existence of dividends (or an increase in dividends) increases the value of the put option.
(Try this out using the Black Scholes Excel model given under the tutorials by varying the spot price.)
NEW QUESTION: 3
What can be BEST defined as the examination of threat sources against system vulnerabilities to determine the threats for a particular system in a particular operational environment?
A. Risk analysis
B. Risk management
C. Due diligence
D. Threat analysis
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Threat analysis is defined as the examination of threat-sources against system vulnerabilities to determine the threats for a particular system in a particular operational environment.
Incorrect Answers:
A: Risk management is defined the process of identifying and assessing risk, reducing it to an acceptable level, and implementing the right mechanisms to maintain that level.
B: Risk analysis is defined as a method of identifying risks and assessing the possible damage that could be caused in order to justify security safeguards.
D: Due diligence is the act of gathering the necessary information so the best decision-making activities can take place.
NEW QUESTION: 4
What benefit(s) is/are available from using a White Board to explore opportunities for Tivoli Business Service Manager?
A. Resource for "back of the napkin" presentation.
B. The Whiteboard provides a friendly environment for probing questions that are used to determine a customer's environment, pain points, and business goals. Additionally, the White Board can be used to determine the customers important KPIs (Key Performance Indicators).
C. All of the above.
D. An emergency exit in the case of no projector.
Answer: B
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