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CTS real exams

Exam Code: CTS

Exam Name: Certified Technology Specialist

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1

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

NEW QUESTION: 2
How many labels does an MPLS packet have, with a bottom-of-stack label set to zero?
A. The packet has no label.
B. The packet has one label.
C. The packet has at least two labels.
D. The packet may have one or more labels.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Which methods can be used to overload object properties? (Choose 2)
A. set(), get()
B. _isset(), _unset()
C. set(), get(), isset()
D. _put(), _receive(), _exists()
E. _set(), _get()
Answer: B,E

NEW QUESTION: 4
An asset has a volatility of 10% per year. An investment manager chooses to hedge it with another asset that has a volatility of 9% per year and a correlation of 0.9. Calculate the hedge ratio.
A. 1.2345
B. 0.9
C. 0
D. 0.81
Answer: C
Explanation:
Explanation
The minimum variance hedge ratio answers the question of how much of the hedge to buy to hedge a given position. It minimizes the combined volatility of the primary and the hedge position. The minimum variance hedge ratio is given by the expression [ (x) / (y) ] * (x,y)]. Effectively, this is the same as the beta of the primary position with respect to the hedge.
In this case, the hedge ratio is = 10%/9% * 0.9 = 1

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