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NEW QUESTION: 1
A 6-year-old girl has been diagnosed with a urinary tract infection secondary to vesicoureteral reflux. Which statement by her mother indicates a need for further teaching?
A. "I make sure she drinks plenty of fluids every day."
B. "I have taught her to wipe from front to back after urinating."
C. "She tries to empty her bladder completely after she urinates, like I told her."
D. "She enjoys wearing nylon panties, but I make her change them everyday."
Answer: D
Explanation:
Explanation
(A) Wiping from front to back is wiping from an area of lesser contamination (urethra) to an area of greater contamination (rectum). (B) Generous fluid intake reduces the concentration of urine. (C) Cotton is a natural, absorbent fabric. Nylon often predisposes the client to urinary tract infections. Dark, warm, moist areas are excellent media for bacterial growth. (D) With vesicoureteral reflux, urine refluxes into the ureter(s) during voiding and then returns to the bladder (residual), which becomes a source for future infection.
NEW QUESTION: 2
Factor Analytics Capital Management makes portfolio recommendations using various factor models.
Mauricio Rodriguez, a Factor Analytics research analyst, is examining the prospects of two portfolios, the FACM Century Fund (CF) and the FACM Esquire Fund (EF).
The variance of returns are identical for the two funds. The estimates in Exhibit 1 were derived for CF and EF using monthly data for the past five years.
Supervisor Barbara Woodson asks Rodriguez to use the Capita! Asset Pricing Model (CAPM) and a multifactor model (APT) to make a decision to continue or discontinue the EF fund. The two factors in the multifactor model are not identified. To help with the decision, Woodson provides Rodriguez with the capital market forecasts in Exhibit 2.
After examining the prospects for the EF portfolio, Rodriguez derives the forecasts in Exhibit 3.
Rodriguez also develops a 2-factor macroeconomic factor model for the EF portfolio. The two factors used in the model are the surprise in GDP growth and the surprise in Investor Sentiment. The equation for the macro factor model is:
During an investment committee meeting, Woodson makes the following statements related to the 2-factor macroeconomic factor model.
Statement 1: An investment combination in CF and EF that provides a GDP growth factor beta equal to one and an Investor Sentiment factor beta equal to zero will have lower active factor risk than a tracking portfolio consisting of CF and EF.
Statement 2: When markets are in equilibrium, no combination of CF and EF will produce an arbitrage opportunity In their final meeting, Rodriguez informs Woodson that the CF portfolio consistently outperformed its benchmark over the past five years. Rodriguez makes the following comments to Woodson: "The consistency with which CF outperformed its benchmark is amazing. The difference between the CF monthly return and its benchmark return was nearly always positive and varied little over time." Based on the data provided in Exhibits 2 and 3, should Rodriguez recommend that Factor Analytics continue to invest in the EF fund using the:
CAPM? 2-factorAPT?
A. No ;Yes
B. Yes ;Yes
C. Yes ;No
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The equations for the CAPM and a 2-factor APT, respectively, are:
Note thai the beta estimate for EF in Exhibit 1 from the market model is an estimate of the historical beta based on historical data. The question asks you to use the forecast beta from Exhibit 3.
Rodriguez forecasts that the EF fund return will equal 12%, which exceeds the CAPM required return.
Therefore, Rodriguez predicts that the EF portfolio return will exceed its CAPM required return (a signal to continue investing in EF). But the forecast EF return (12%) is less than the 2-factor APT model required return of 155% (a signal to sell or not continue investing in EF). (Study Session 18, LOS 64.e,l,n)
NEW QUESTION: 3
A. 2003:dead:beef:4dad:23:46:bb:101
B. 2002:c0a8:101::42
C. ::
D. 2000::
E. 2001:3452:4952:2837::
F. ::192:168:0:1
Answer: A,B,C,F
Explanation:
Explanation
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NEW QUESTION: 4
A. Option A
B. Option C
C. Option D
D. Option B
Answer: A