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  • Exam Code: HCE-5710
  • Exam Name: Hitachi Vantara Certified Expert - Replication Solutions Implementation
  • Version: V12.75     Q & A: 69 Questions and Answers

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NEW QUESTION: 1

A. Option A
B. Option D
C. Option B
D. Option C
Answer: B
Explanation:
The key to manage the sticky session is determining how long the load balancer should route the user's request to the same application instance. If the application has its own session cookie, then the user can set the Elastic Load Balancing to create the session cookie to follow the duration specified by the application's session cookie. If the user's application does not have its own session cookie, then he can set the Elastic Load Balancing to create a session cookie by specifying his own stickiness duration.
Reference:
http://docs.aws.amazon.com/ElasticLoadBalancing/latest/DeveloperGuide/US_StickySessions.html

NEW QUESTION: 2
An American importer expects to pay a British supplier 500,000 British pounds in three months. Which of
the following hedges is best for the importer to fix the price in dollars?
A. Buying British pound put options.
B. Buying British pound call options.
C. Selling British pound call options.
D. Selling British pound put options.
Answer: B
Explanation:
Choice "a" is correct. To fix a price in dollars to buy British pounds, British pound call options should be
purchased. Call options would allow, but not require, the purchaser of the call to acquire the currency
(British pounds) for a specified price at or before a specified time in the future. If the price goes down, the
purchaser (the importer) would exercise the options; if not, the purchaser (importer) would buy the British
pounds in the market and let the options expire. British pound futures could also be used, but that was not
one of the choices listed. Choice "b" is incorrect. Buying British pound put options would allow, but not
require, the purchaser of the put to sell the currency for a specified price at a specified time in the future.
Since the importer needs British pounds, buying put options would not work. The importer needs to end
up with British pounds. Choice "c" is incorrect. Selling British pound put options would not work. The
importer needs to end up with British pounds. Selling put options could work, but the option would be
exercised, or not, by the purchaser and not by the importer. If the options were not exercised, the importer
could end up with nothing (other than the option premium). Choice "d" is incorrect. Selling British pound
call options would not work. The importer needs to end up with British pounds; if call options are sold, the
other party can exercise the options or let them expire, and if the options were exercised, the importer
would have to supply the British pounds. This answer is backwards.

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