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Exam Code: H19-370_V1.0

Exam Name: HCS-Pre-sales-EC V1.0

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
What security management control is MOST often broken by collusion?
A. Least privilege model
B. Increased monitoring
C. Job rotation
D. Separation of duties
Answer: D

NEW QUESTION: 2
Kelly Clark, CFA, is a fixed income analyst for Convex Capital. She is evaluating a 15-year bond with a
6.0% coupon. At the current interest rate of 5.5%, the bond is priced at $1,050.62. Clark calculates that a
25 basis point drop in interest rates increases the bond's price to $1,077.20, while a 25 basis point increase in interest rates reduces the bond's price to $1,024.90. Based on the information provided, calculate the bond's effective duration.
A. 9.96
B. 5.06
C. 4.98
Answer: A

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