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NEW QUESTION: 1
802.1Qframeの最小限のフレームサイズは、どのオプションですか？
A. 64 bytes
B. 1522 bytes
C. 1518 bytes
D. 68 bytes
Answer: D
NEW QUESTION: 2
You have an Exchange Server 2010 organization.
You need to ensure that a user named User1 can access his mailbox using Outlook Web App only.
What should you do?
A. Remove the Autodiscover record from the DNS zone.
B. Create an Outlook Web App Mailbox policy.
C. Enable and configure Outlook Anywhere.
D. Modify the mailbox features for User1.
Answer: D
NEW QUESTION: 3
When would you use classes and when would you use namespaces?
A. Always use them; namespaces as always superior to classes
B. Use classes for performance-sensitive code, and namespaces when readability matters more
C. Use namespaces for performance-sensitive code, and classes when readability matters more
D. Use classes to encapsulate code and represent objects, and namespaces to avoid symbol name collisions
Answer: D
NEW QUESTION: 4
Which of the following portfolios would require rebalancing for delta hedging at a greater frequency in order to maintain delta neutrality?
A. A portfolio with a low delta and high vega
B. A portfolio with a high gamma
C. A portfolio with a low gamma
D. A portfolio with a high delta and low gamma
Answer: B
Explanation:
Explanation
A portfolio loses its delta neutrality if the delta of the portfolio changes but the underlying hedge is unchanged.
The portfolio that will require the most rebalancing will be one whose delta changes by larger amounts in response to a given change in the price of the underlying. The sensitivity of the changes in delta in response to changes in the price of the underlying is measured by gamma. The higher the gamma, the more the portfolio will go out of delta neutrality given a change in the price of the underlying. Therefore Choice 'b' is the correct answer.
A portfolio with a low gamma will maintain its delta over a larger price range for the underlying, and is therefore likely to require less frequent rebalancing. The absolute level of the delta itself does not matter, what matters is the gamma. Vega is irrelevant to the delta hedging decision. Therefore the other choices are incorrect.