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Nonproprietary, committee-based standard: Unlike proprietary remote communication technologies such as RMI and DCOM, SOAP is open and managed by a number of cooperating corporations and organizations Simple and easy to debug: In contrast to binary-based protocols (eg, IIOP), SOAP communication involves text-based messages This makes communication errors easy to debug on both client and server sides In contrast, older interchange protocols such as EDI not only are cryptic to debug, but often require special (proprietary) client software to process Thus, the simplicity of SOAP makes it easy to deploy and maintain Deployment over HTTP leverages efficiency, security, and ease of integration: As you already know, the most recent version of HTTP contains a number of built-in performance optimizations (eg, persistent connections) to make up for some of its inefficiencies It also contains mechanisms for authentication and encryption By deploying SOAP over HTTP, we can leverage all of these existing features Furthermore, there's an important advantage in ease of integration One of the difficulties in connecting applications is getting around firewalls In particular, use of a TCP port other than 80 (the default HTTP port) can cause integration headaches By using SOAP over HTTP, we avoid the problem altogether in addition to retaining the security and efficiency challenges of the protocol

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The evaluation of C (L, M) for some special cases are of interest and are described by Theorems 2 and 3 in Abdel-Ghaffar and Pasupathy [44]. In particular, when the conditional SER Ps (E | 1 , 2 , . . . , L ) depends only on the sum of the l terms, as is the case for coherent MRC, it is shown that C (L, M) is computed from C (L, M)|MRC = 1 (L 1)!

To convince you that SOAP is very simple and straightforward to use and debug over HTTP, let's briefly look at it in action In particular, consider the exchange shown in Figure 12-6 between client and server

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On the surface, Ubuntu is not very different in appearance from other Linux desktop systems using GNOME. Underneath, the tools for managing your software packages are the same as you would expect with Debian systems. Many of the differences are subtle and do a lot to make using Linux easier for the end user.

POST /GetPriceQuote HTTP/11 Host: wwwexamplecom Content-Type: text/xml; charset="utf-8" SOAPAction: "http://wwwexamplecom/GetPriceQuote" <SOAP-ENV:Envelope xmlns:SOAP-ENV="http://schemasxmlsoaporg/soap/envelope/" SOAPENV:encodingStyle="http://schemasxmlsoaporg/soap/encoding/ "> <SOAP-ENV:Body> <m:ProductPriceRequest xmlns:m="http://wwwexamplecom"> <product>Camera</product> </m:ProductPriceRequest> </SOAP-ENV:Body> </SOAP-ENV:Envelope>

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148 - Investment Planning G Because of semiannual compounding: Annual payment and interest rate are divided by 2, the number of payments is multiplied by 2, and duration of 530 is divided by 2 H The duration of 265 years means that the investor collects on average all interest and principal repayment within 265 years Keep in mind that not all payments are received at 265 years Duration represents the weighted average of all payments Therefore, duration is not the sum of all present values (which is the price of the bond) The longer the term to maturity, the more weight put on the calculation I Duration can be precisely de ned as the approximate percentage change in the price of a bond to a small change in interest rates More speci cally, duration is the approximate percentage change in price with a 100 basis point change in interest rates Therefore, duration of 265 means that the price of a bond will change approximately 265 percent with a 100 basis point change in interest rates J For large changes in yield (50 or more basis points), duration tends to underestimate the increase in price that occurs with a decrease in yield, and overestimate the decrease in price that comes with an increase in yield 2 Bond convexity A The price-yield relationship can be represented by a tangent line The tangent line shows the rate of change in price to changes in yield The slope of the tangent line is one basis point The tangent line is strongly related to duration In fact, duration is used interchangeably with a tangent line because both estimate the rate of change in price There is more duration the steeper the tangent line and less duration the atter the tangent line

HTTP/11 200 OK Content-Type: text/xml; charset="utf-8" Content-Length: (whatever) < xml version="10" > <SOAP-ENV:Envelope xmlns:SOAP-ENV="http://schemasxmlsoaporg/soap/envelope/" SOAPENV:encodingStyle="http://schemasxmlsoaporg/soap/encoding/ "/> <SOAP-ENV:Body> <m:ProductPriceResponse xmlns:m="http://wwwexamplecom"> <Price>45000</Price> </m:ProductPriceResponse> </SOAP-ENV:Body> </SOAP-ENV:Envelope>

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One additional note about these requests and replies Notice that both messages contain some metadata prior to the body of the message The first line

The most common cause of problems is simply mistyping some of the information required in the account setup dialog box. Everything must be 100% correct! If the test failed in the outgoing mail server part, it most likely means that your outgoing mail server requires authentication. Setting this option is examined in the following section.

B There is an interesting relationship between duration (tangent line) and the approximate change in price The actual price change is greater than the estimated price change when yields decrease; the actual price change is less than the estimated price change when yields increase C Duration becomes less exact with greater changes in yields because the price-yield relationship is not linear, but curved How curved the path actually is depends on the degree of convexity The distance between the tangent line (estimated price) and the curvature of the actual path (actual price) is the error in estimating price based on duration If the degree of convexity is measured, the price of a bond can be estimated with more accuracy D Duration is used to approximate the rst percentage change in price Convexity is used to approximate the second and is added to duration

xmlns:SOAP-ENV="http://schemasxmlsoaporg/soap/envelope/"

The third rule, keeping programs self-contained, is related to the second. The concept behind it is that programs intended for use in command pipelines should make no assumptions about what their input might look like or do any massaging of the output. Consider the cut command shown in the first command pipeline. It takes arbitrarily formatted input and allows the user to specify on what piece of data to operate (the fifth field in the example, where fields are colon-delimited) and then just displays the requested data on standard output. cut doesn t do any post-processing of the output, allowing the user to do with it as he or she pleases, probably using another tool.

Topic 45: Bond and Stock Valuation Methods - 149

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