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NEW QUESTION: 1
Which of the following will have the effect of increasing the duration of a bond, all else remaining equal:
I. Increase in bond coupon
II. Increase in bond yield
III. Decrease in coupon frequency
IV. Increase in bond maturity
A. II, III and IV
B. I and II
C. I and III
D. III and IV
Answer: D
Explanation:
Explanation
An increase in coupon brings the 'average' cash flows closer, thereby decreasing duration. The higher the coupon, the lower the duration.
An increase in yield discounts the cash flows that are further away more than it does the closer cash flows, so an increase in yield decreases duration.
An increase in coupon frequency brings the bond's cash flows closer, thereby decreasing duration. Decreasing the coupon frequency has the opposite effect.
An increase in maturity pushes the payments further out, thereby increasing duration.

NEW QUESTION: 2
The constructs for(), foreach(), and each() can all be used to iterate an object if the object
A. implements Iterator
B. None of the above
C. implements Iterator and ArrayAccess
D. implements ArrayAccess
Answer: C

NEW QUESTION: 3
Which one of the following is an advantage of an effective release control strategy from a configuration control standpoint?
A. Enforces backward compatibility between releases
B. Ensures that a trace for all deliverables is maintained and auditable
C. Allows for future enhancements to existing features
D. Ensures that there is no loss of functionality between releases
Answer: B

NEW QUESTION: 4
A CRL is comprised of.
A. Untrusted private keys.
B. Public keys.
C. Trusted CA's.
D. Malicious IP addresses.
Answer: B
Explanation:
A certificate revocation list (CRL) is created and distributed to all CAs to revoke a certificate or key.
By checking the CRL you can check if a particular certificate has been revoked.
The certificates for which a CRL should be maintained are often X.509/public key certificates, as this format is commonly used by PKI schemes.