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NEW QUESTION: 1
A 2-step binomial tree is used to value an American put option with strike 104, given that the underlying price is currently 100. At each step the underlying price can move up by 20% or down by 20% and the risk-neutral probability of an up move is 0.55. There are no dividends paid on the underlying and the discretely compounded risk free interest rate over each time step is 2%. What is the value of the option in this model?
A. 12.78
B. 12.33
C. 11.82
D. 12.49
Answer: D

NEW QUESTION: 2
ネットワークには、Azure AD Connect Express設定を使用してAzure Active Directory（Azure AD）と同期するadatum.comという名前のオンプレミスActive Directoryドメインが含まれています。パスワードの書き戻しは無効です。
次の図に示すように、User1という名前のユーザーを作成し、[パスワード]フィールドに入力します。

Azure ADのパスワードポリシーは、次の図に示すように構成されています。

Answer:
Explanation:

Explanation

Box 1: Yes
The question states that User1 is synced to Azure AD. This tells us that the short password (Pass) meets the on-premise Active Directory password policy and you were able to create the on-premise account for User1.
The on-premise Active Directory password policy applies over the Azure AD password policy for synced user accounts.
Box 2: No
Self-Service Password Reset would need to be configured.
Box 3: Yes
The password for the Azure AD User1 account will expire after 90 days according to the Azure AD password policy. If the on-premise password policy has a shorter password expiration period, User1 would have the change his/her on-premise AD password. The new password would then sync to Azure AD.
Reference:
https://docs.microsoft.com/en-us/azure/active-directory/hybrid/how-to-connect-install-express

NEW QUESTION: 3
The layer 2 protocol used by POS technology offers a standardized way for mapping IP packets into SONET/ SDH payloads. Select the correct sequence of POS operation:
1) Data is scrambled and synchronous mapping takes place by octet into the SONET/SDH frame.
2) Encapsulated via Point-to-Point Protocol (PPP) takes place framing information is added with High-level
Data Link Control (HDLC).
3) Gaps between frames are filled with flags, set to value 7E.
4) Octet stuffing occurs if any flags or resultant escape characters (of value 7D) are found in the data.
5) Data is segmented into an IP datagram with its 20-byte IP header.
A. 1, 3, 4, 5, 2
B. 5, 2, 3, 1, 4
C. 5, 2, 3, 4, 1
D. 1, 2, 3, 4, 5
E. 2, 3, 5, 4, 1
Answer: C
Explanation:
The proper order of operation of PoS is:
When transmitting:
IP -> PPP -> FCS generation -> Byte stuffing -> Scrambling -> SONET/SDH framing
When receiving:
SONET/SDH framing -> Descrambling -> Byte destuffing -> FCS detection -> PPP -> IP
Remote