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Exam Code:
HPE3-CL13
Exam Name:
HPC Enterprise and Commercial
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
ビジネスアプリケーションのレビュー中に、ソリューションアーキテクトは、ビジネスユーザーによって構築され、ユーザーのデスクトップで実行されているリレーショナルデータベースを使用して重要なアプリケーションを識別します。ビジネスの中断のリスクを減らすために、ソリューションアーキテクトはアプリケーションをAWSの高可用性の多層ソリューションに移行したいと考えています。
ソリューションアーキテクトは、ビジネスの中断を最小限に抑えてこれを達成するために何をすべきですか?
A. AWS DMSを使用して、バックエンドデータベースをAmazon RDS Multi-AZ DBインスタンスに移行します。
アプリケーションコードをAWS Elastic Beanstalkに移行する
B. Application Load BalancerとAmazon RDS Multi-AZ DBインスタンスの背後にあるAWSでアプリケーションコードを実行する新しいステージングAmazon EC2インスタンス
C. AWS Lambdaにアップロードするためのアプリケーションコードのインポートパッケージを作成し、データをAmazon RDSデータベースに移行する別のLambda関数を作成する関数を含めます
D. ユーザーのデスクトップのイメージを作成し、VM Importを使用してAmazon EC2に移行し、EC2インスタンスをAuto Scalingグループに配置します
Answer: C

NEW QUESTION: 2
Which statement is true about an iterative development process?
A. An iteration focuses on partial completion of selected use-case realizations.
B. It encourages user feedback in later iterations.
C. It is based on functional decomposition of a system.
D. Testing and integration take place in every iteration.
Answer: D

NEW QUESTION: 3
Kim Simpson, CFA, manages a $75 million multi-cap growth portfolio. Simpson utilizes a growth at a reasonable price (GARP) investment strategy and her investment universe consists of small, medium and large capitalization stocks. She turns the entire portfolio over once each year. Simpson is concerned about the amount of trading costs she has generated through the implementation of her investment strategy.
Simpson decides to conduct a trade cost analysis with the cooperation of her trader, Janet Long, CFA.
Simpson believes the results of the trading analysis can be used to improve trading performance and help to refine her investment strategy. The first trade they examine is a purchase of 2000 shares of Technology Company that was completed using a market order. Simpson remembers adding to her Technology Company position based on her analyst's recommendation that the company was going to generate earnings significantly above the consensus estimate in a soon to be released earnings report. The order was split into two trades as shown in Figure 1.
Figure 1: Technology Company buy order for 2000 shares

In conducting a comprehensive analysis of the trading markets, Simpson states that she is most concerned about market liquidity. Simpson defines a market with good liquidity as one with diversity of opinion, many buyers/sellers and relatively wide bid-ask spreads. In addition to reviewing market liquidity, Simpson believes that, in order to assess market quality, both the ease with which investors can obtain accurate information and the certainty that a trade will be completed must be evaluated.
Simpson and Long review their trade of Nano Corporation, a small biotechnology company. Simpson used a limit order because her analyst had established a specific buy target and she wanted to hold down transaction costs. To handle both explicit and implicit trading costs, Simpson measures execution costs using implementation shortfall. The buy order for 100,000 shares of Nano stock has the following timeline:
* Nano stock price closes at $35.00 per share.
* Day one: Simpson places a limit order for 100,000 shares of Nano stock at $34.75 per share or better at the opening of trading. However, Nano's stock never falls below $35.00 per share and closes at $36.50 per share.
* Day two: Simpson adjusts her limit order price to $37.00 per share or better. Long is able to fill 50,000 shares of the order at $36.75 per share. Nano's stock climbs to $38.00 per share during the day and Simpson moves the limit price to $40.00 per share or better. Long completes the purchase of the remaining 50,000 shares of Nano at $40.00 per share, which is also the closing price of Nano's stock.
* The commission for each block trade is $2,500.
Long suggests implementing the Best Execution concept as established by the CFA Institute in its Trade Management Guidelines. Long states best execution would accept a high portfolio turnover strategy provided the overall portfolio value is greater after trading costs. Long asserts that her professional relationships are integral to best execution.
The buy order for the Technology Company shares has an average effective spread closest to:
A. $ 0.15.
B. $ 0.20.
C. $ 0.10.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
effective spread (buy order) = 2 x (actual execution price - midpoint of the market at the time an order is entered) effective spread for the order of 700 shares = 2 x (79.25 - 1(79.25 + 79.00) / 2)]) = 0.25 effective spread for the order of 1,300 shares = 2 x (80.00 - 1(80.30 + 79.75) / 2)]) = 0.15 Average effective spread equals the mean effective spread over all transactions for Technology Company.
In this case: average effective spread = (0.25 + 0.15) / 2 = 0.20 (Study Session 16, LOS 45.b)

NEW QUESTION: 4
DRAG DROP
Drag and drop the NAT operations on the left into the correct sequential order on the right.

Answer:
Explanation:


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