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NEW QUESTION: 1
It is October. A grower of crops is concerned that January temperatures might be too low and destroy his crop.
A heating-degree-days futures contract (HDD futures contract) is available for his city. What would be the best course of action for the grower?
A. In January, buy January HDD contracts
B. In October, sell January HDD contracts
C. In October, buy September HDD contracts
D. In October, buy January HDD contracts
Answer: D
Explanation:
Explanation
This question is based upon a weather derivative contract traded on the CME in the US. For each day,
'Heating-Degree-Days' (HDD) is calculated as equal to 65 degrees Fahrenheit minus the daily average temperature. The daily average temperature is based upon the temperature reported by the Earth Satellite Corporation using a specified automated weather station. Based upon daily values of HDD, an aggregated number called the 'CME degree days index' is calculated for each contract month. In other words, the index for a particular month is just the aggregation of the 'HDD' value for each of the days of that month. Each contract settles at the end of the month at a value equal to $20 x Degree Days Index. (In a similar way, 'Cooling Degree Days' are also calculated and a futures contract offered, except that CDD is equal to the average daily temperature minus 65 degrees). (Source: CME's website at CMEGroup.com) In the given question, we are interested in hedging against the possibility of the temperature being too low.
This means we should buy the HDD futures contract (the lower the temperature, the higher the difference of the average temperature from 65 degrees, and the higher the settlement). Therefore Choice 'b' is the correct answer. The lower the actual temperature turns out to be, the higher the payout to the grower. It would not be wise to wait till January to buy the contract as by then the prices of the contract would have already risen if the grower's fears of a colder January appear to be coming true. He can hedge his exposure by immediately locking in the January prices.

NEW QUESTION: 2
A network administrator updated an Internet server to evaluate some new featured in the current release.
A week after the update, the Internet server vendor warns that the latest release may have introduced a new vulnerability and a patch is in the works. Which of the following should the network administrator do to BEST migrate this risk?
A. Enable HIPS to protect the server until the patch is released.
B. Utilize WAF to restrict malicious activity to the Internet server.
C. Downgrade the server and defer the new feature testing.
D. Enable the host-based firewall on the Internet server.
Answer: C

NEW QUESTION: 3
What are the key contents of a Service management system (SMS)?
A. definition of corporate measures to achieve the required level of quality
B. a software system to monitor the Key performance indicators (KPIs)
C. a software system for the ticket system
D. systematic processes for ticket recording and follow-up only
Answer: A

NEW QUESTION: 4
You have recently deployed a dynamic VPN. Some remote users are complaining that they cannot authenticate through the SRX device at the corporate network. The SRX device serves as the tunnel endpoint for the dynamic VPN. What are two reasons for this problem? (Choose two.)
A. The supported number of users has been exceeded for the applied license.
B. The SRX device does not have the required access profile definitions.
C. The users are connecting to the portal using Windows Vista.
D. The SRX device does not have the required user account definitions.
Answer: A,B
Explanation:
Reference : https://www.juniper.net/techpubs/en_US/junos12.1/information-products/topic- collections/syslog-messages/index.html?jd0e28566.html
http://kb.juniper.net/InfoCenter/index?page=content&id=KB16477

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