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NEW QUESTION: 1
Which statement about port security is true?
A. Instickymode,theportretainsdynamically-learnedaddressesduringa linkfailure.
B. Itisnotsupportedon privateVLANs.
C. Itcanbe configured on SPANdestinationports.
D. Thedefaultport securityconfigurationallowsfor amaximumof10MACaddresses.
Answer: A
NEW QUESTION: 2
What is the purpose of Route Target Constraint?
A. to avoid sending unnecessary BGP VPNv4 or VPNv6 updates to the PE router
B. to avoid BGP having to perform route refreshes
C. to be able to implement VPLS with BGP signaling
D. to avoid using multiple route distinguishers per VPN in MPLS VPN networks
E. to avoid using route reflectors in MPLS VPN networks
Answer: A
NEW QUESTION: 3
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. 13.4%.
B. 9.4%.
C. 11.8%.
Answer: B
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)
NEW QUESTION: 4
A psychiatric nurse is providing an orientation to a new staff nurse. She reminds the nurse that psychiatrists often use categories of medications and that it is important that she recall that some categories of medications have synonyms. Another name used to describe minor tranquilizers is which of the following?
A. Antidepressant medications
B. Antimania medication
C. Antipsychotic medications
D. Antianxiety medications
Answer: D
Explanation:
Explanation
(A) Antipsychotic medications are also known as major tranquilizers. (B) Antidepressants fall into different categories, such as the tricyclics or the MAO inhibitors. (C) Antianxiety medications are also known as minor tranquilizers. (D) Antimania medications are those such as lithium and lithium carbonate (Lithobid).
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