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NEW QUESTION: 1
Scenario: A network engineer has created and bound an UDP-ECV monitor to identify the status of a UDP service. However, no matter what the response is, the service is always marked as UP.
A possible cause of this behavior is that the network engineer __________. (Choose the correct option to complete the sentence.)
A. added a string that is invalid and thus skipped
B. forgot to add a receive string
C. added the string ns_true as receive string
D. added a string that is always part of the UDP handshake
Answer: B
NEW QUESTION: 2
Which two options are required to enable booting when using the Recover Drive Wizard to restore the operating system onto a new, empty, hard disk? (Select two.)
A. recover master boot record
B. recover original sector map
C. set drive active
D. clean and format target drive
E. initialize BCD
F. restore original disk signature
Answer: C,F
NEW QUESTION: 3
To remove the effect of seasonal variation from a time series, original data should be:
A. Multiplied by the seasonal factor.
B. Divided by the seasonal factor.
C. Reduced by the seasonal factor.
D. Increased by the seasonal factor.
Answer: B
Explanation:
Seasonal variations are common in many businesses. To remove the effect of seasonal variation from a time series, the original data (with the four trends) is divided by the seasonal norm.
NEW QUESTION: 4
Amie Lear, CFA, is a quantitative analyst employed by a brokerage firm. She has been assigned by her supervisor to cover a number of different equity and debt investments. One of the investments is Taylor, Inc. (Taylor), a manufacturer of a wide range of children's toys. Based on her extensive analysis, she determines that her expected return on the stock, given Taylor's risks, is 10%. In applying the capital asset pricing model (CAPM), the result is a 12% rate of return.
For her analysis of the returns of Devon, Inc. (Devon), a manufacturer of high-end sports apparel, Lear intends to use the Fama-French model (FFM). Devon is a small-cap growth stock that has traded at a low market-to-book value in recent years. Lear's analysis has provided a wealth of quantitative information to consider. The return on a value-weighted market index minus the risk-free rate is 5.5%, the small-cap return premium is 3.1%, the value return premium is 2.2%, and the liquidity premium is 3.3%. The risk-free rate is 3.4%. The market, size, relative value, and liquidity betas for Devon are 0.7, -0.3, 1.4, and 1.2, respectively. In estimating the appropriate equity risk premium, Lear has chosen to use the Gordon growth model.
Lear's assistant, Doug Saunders, presents her with a report on macroeconomic multifactor models that includes the following two statements:
Statement 1: Business cycle risk represents the unexpected change in the difference between the return of risky corporate bonds and government bonds.
Statement 2: Confidence risk represents the unexpected change in the level of real business activity.
Lear is also attempting to determine the most appropriate method for determining the required return for Densmore, Inc. (Densmore), a closely held company that is considering a debt issue within the next year.
The company has not previously issued debt securities to the public, relying instead on bank financing.
She realizes that there are a number of models to consider, including the CAPM, multifactor models, and build-up models.
According to the FFM, the estimate of the required return for Devon is closest to:
A. 9.4%.
B. 11.8%.
C. 13.4%.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Required return under FFM - risk-free rate + market beta (equity risk premium) + size beta (small-cap return premium) + value beta (value-return premium)
= 3.4% + 0.7(5.5%) + -0.3(3.1%) + 1.4(2.2%) = 9.4%
Note: The liquidity factor is only applicable to the Pastor-Stambaugh (PS) model. The PS model is otherwise the same as the FFM, save for the addition of the liquidity factor. (Study Session 10, LOS 35.d)