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NEW QUESTION: 1
Backwardation can happen in markets where
A. convenience yields are zero
B. convenience yields are positive
C. convenience yield is less than the total interest and carrying costs
D. convenience yields are greater than the total interest, storage and other carrying costs
Answer: D
Explanation:
Explanation
Convenience yield is the benefit from having access to the commodity - and if the convenience yield is very high, for example in a market where manufacturers must never run out of a particular raw material, then these can switch the total cost of carry (which include interest and storage costs, less convenience yields) to being negative. This causes forward prices to become lower than spot prices, a phenomenon known as backwardation.
Therefore Choice 'b' is the correct answer. If convenience yields are less than other carrying costs, then backwardation will not happen. The sign of convenience yields does not matter, what matters is their relative magnitude when compared to the other costs of carry.
To understand this in an intuitive way, consider that forward prices are nothing but spot prices, plus interest, plus storage costs, less convenience yields. If interest and storage costs are less than the convenience yield, the market will be backwarded.

NEW QUESTION: 2
Citrixエンジニアは、Windowsオペレーティングシステムをインストールした後、マスターデバイスを準備するために必要なコンポーネントをどの順序でインストールする必要がありますか？
A. デバイスドライバー、サービスパックの更新、ターゲットデバイスソフトウェア
B. ターゲットデバイスソフトウェア、デバイスドライバー、サービスパックの更新
C. サービスパックの更新、デバイスドライバー、ターゲットデバイスソフトウェア
D. デバイスドライバー、ターゲットデバイスソフトウェア、サービスパックの更新
Answer: A

NEW QUESTION: 3

A. Option A
B. Option D
C. Option E
D. Option B
E. Option C
Answer: B,D

NEW QUESTION: 4
Your company wants to use an Azure Active Directory (Azure AD) hybrid identity solution.
You need to ensure that users can authenticate if the internet connection to the on-premises Active Directory is unavailable. The solution must minimize authentication prompts for the users.
What should you include in the solution?
A. password hash synchronization and Azure AD Seamless Single Sign-On (Azure AD Seamless SSO)
B. pass-through authentication and Azure AD Seamless Single Sign-On (Azure AD Seamless SSO)
C. an Active Directory Federation Services (AD FS) server
Answer: A
Explanation:
With Password hash synchronization + Seamless SSO the authentication is in the cloud.
Incorrect Answers:
Pass-through Authentication and federation rely on on-premises infrastructure.
Reference:
https://docs.microsoft.com/en-us/azure/active-directory/hybrid/choose-ad-authn