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NEW QUESTION: 1
You are the business analyst for your organization. You are identifying new opportunities to improve upon your existing web services. Management is open to new opportunities as long as the changes do not take more than 60 days to implement. What type of a factor does the 60-day implementation represent?
A. Schedule constraint
B. Business constraint
C. Technical constraint
D. Assumption
Answer: B
Explanation:
Explanation
A time limit, budget limit, limit on the number of resources, and other organizational restrictions are business constraints.
Answer C is incorrect. A technical constraint describes the architectural decisions concerning hardware,
software, platforms, and interoperability with the enterprise architecture.
Answer D is incorrect. An assumption is something that's believed to be true, but it hasn't yet been proven to
be true.
Answer A is incorrect. A schedule constraint is tempting, but this is not a valid term for business analysis.
Constraints on the time limit are just part of the business constraint.
NEW QUESTION: 2
Which of the following statements are true:
I. For a delta neutral portfolio, gamma and theta carry opposite signs
II. The sum of the absolute value of gamma for a call and a put for the same option is 1 III. A large positive gamma is desirable in a delta neutral portfolio IV. A trader needs at least two separate tradeable options to simultaneously make a portfolio both gamma and vega neutral
A. II and IV
B. III and IV
C. I and II
D. I, III and IV
Answer: D
Explanation:
Explanation
Statement I is true. Consider the Black Scholes PDE 202.23.e1
and substitute delta = 0 (as this is a delta neutral portfolio), and we get the result 202.23.e.
Since r is generally small, and and S are positive, theta will be negative when gamma is positive and vice versa.
Statement II is incorrect. The gamma of a call and a put are equal and do not add to 1. The relationship described applies to delta, and not gamma.
Statement III is correct because positive gamma means that the portfolio gains both from an increase and a decrease in the value of the underlying, given delta neutrality. (Generally, a positive gamma is a good thing, but like everything else, it does not come free. A trader can choose to keep their portfolio gamma positive, but in doing so he or she would be giving up premiums from options they would have sold to neutralize the gamma.) Statement IV is correct because the only way to hedge gamma and vega is through other options positions as only options have gamma and vega. If only one tradeable option is available, it would be possible to hedge either the gamma or the vega, but not both, as achieving neutrality in one will upset the neutrality of the other.
The only way to simultaneously hedge the two would be to use two different options on the underlying, and determine the number of options to be traded (using a system of simultaneous equations).
NEW QUESTION: 3
You need to collect employees data and send it by email as an Excel file. What type of workflow is the most suitable for the final part, which adds the file attachment, formats the email, and sends it?
Options are :
A. Directed Acyclic Graph (DAG)
B. Sequence
C. Flowchart
D. State Machine
Answer: D
NEW QUESTION: 4
An application is being load balanced through the LTM device using the configuration displayed below.
The network has been re-engineered to NAT all client connection. As a result, allclient connections are hitting the same pool member.


Which changes should the LTM Specialist make in order to restore load balancing functionality wile maintaining session persistence?
A. Change the virtual server type to Standard, add an httpprofile, and change the persistence profile to Destination Address
B. Change the virtual serer type to Forwarding (Layer 4) and leave the persistence type tohash source Address
C. Leave the virtual server type set Performance (Layer 4) and change the persistence type to hash
D. Change the virtual server to Standard add an http profile, and change the persistence profile to Cookie persistence
Answer: D