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NEW QUESTION: 1
An equity portfolio manager desires to be 'market neutral'. His portfolio is valued at $10m and has a beta of
0.7 to the broad market index. The index is currently at 1000 and an index contract multiplier is specified as
250. What should he do to make the beta of his portfolio zero?
A. Buy 28 contracts of the index futures contract
B. Buy 40 contracts of the index futures contract
C. Sell 28 contracts of the index futures contract
D. Sell 40 contracts of the index futures contract
Answer: C
Explanation:
Explanation
In terms of beta, his exposure is $10m*0.7 = $7m. This exposure is long. In order order to neutralize his long exposure, he needs to have an equal an identical short position with the same beta as this long position (of course, in the short direction). We need to figure out how many contracts will have a beta equal to his held position. (The beta of a futures contract is slightly different from 1 when compared to spot, but in the absence of other information in the question it is always okay to assume that the beta of the futures contract is 1. Such precision does not matter because of other errors such as rounding etc that cannot be anyway done away with.) He needs to short futures contracts on the index with $7m in notional value. The value of each contract is currently 1000*250 =$250,000. He therefore needs to short $7m/$250,000 = 28 contracts to become market or beta neutral.

NEW QUESTION: 2
You need to ensure that users can access VM0. The solution must meet the platform protection requirements.
What should you do?
A. On Firewall, configure a DNAT rule.
B. On Firewall, configure a network traffic filtering rule.
C. Assign RT1 to AzureFirewallSubnet.
D. Move VM0 to Subnet1.
Answer: D
Explanation:
Azure Firewall has the following known issue:
Conflict with Azure Security Center (ASC) Just-in-Time (JIT) feature.
If a virtual machine is accessed using JIT, and is in a subnet with a user-defined route that points to Azure Firewall as a default gateway, ASC JIT doesn't work. This is a result of asymmetric routing - a packet comes in via the virtual machine public IP (JIT opened the access), but the return path is via the firewall, which drops the packet because there is no established session on the firewall.
Solution: To work around this issue, place the JIT virtual machines on a separate subnet that doesn't have a user-defined route to the firewall.
Scenario:

Following the implementation of the planned changes, the IT team must be able to connect to VM0 by using JIT VM access.

References:
https://docs.microsoft.com/en-us/azure/firewall/overview

NEW QUESTION: 3
The port selected by the IP drift strategy has nothing to do with the port rate, only related to the location of the port, the order of selecting the port Yes?
1. Port at the same position of the remote controller
2. Ports at other locations of the peer controller
3. The port of the local controller
A. 1->2->3
B. 3->1->2
C. 2->3->1
D. 2->1->3
Answer: B
Explanation:
Explanation
Analysis: first local end, then opposite end.