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When calculating the implied volatility from an option price we use the bisection method and know initially that the volatility is somewhere between 1% and 100%. How many iterations do we need in order to determine the implied volatility with accuracy of 0.1%?
A. 0
B. 1
C. 2
D. 3
Answer: A

Please wait while the virtual machine loads. Once loaded, you may proceed to the lab section. This may take a
few minutes, and the wait time will not be deducted from your overall test time.
When the Next button is available, click it to access the lad section. In this section, you will perform a set of
tasks in a live environment. While most functionality will be available to you as it would be in a live
environment, some functionality (e.g., copy and paste, ability to navigate to external websites) will not be
possible by design.
Scoring is based on the outcome of performing the tasks stated in the lab. In other words, it doesn't matter how
you accomplish the task, if you successfully perform it, you will earn credit for that task.
Labs are not timed separately, and this exam may have more than one lab that you must complete. You can use
as much time as you would like to complete each lab. But, you should manage your time appropriately to
ensure that you are able to complete the lab(s) and all other sections of the exam in the time provided.
Please note that once you submit your work by clicking the Next button within a lab, you will NOT be able to
return to the lab.
You may now click next to proceed to the lab.

The billing administrator at your company reports that a web app incurs high monthly costs in Azure.
You discover that the web app is rarely used.
You need to reduce the Azure hosting costs for the web app.
What should you do?
NOTE: To answer this question, sign in to the Azure portal and explore the Azure resource groups.
A. Create a WebJob that runs daily
B. Create a restriction policy
C. Modify the Scale out settings
D. Modify the Scale up settings
Answer: A
WebJobs is a feature of Azure App Service that enables you to run a program or script in the same context as a
web app, API app, or mobile app. There is no additional cost to use WebJobs.


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


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

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