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NEW QUESTION: 1
Rich Quick is a broker-dealer registered in the state of Massachusetts. He occasionally trades on
abnormalities he observes in bond yield spreads for his own account, short selling a bond that appears to
be overpriced based on its yield and buying a bond that is identical in almost every respect except for the
price, which is less than that of the other bond. He has been able to earn arbitrage profits 95% of the time
when he does this. Rich Quick
A. is skilled if he is able to earn profits 95% of the time using this strategy.
B. engaged in a fraudulent activity.
C. is in violation of securities laws. Arbitrage is a prohibited activity.
D. is trading on insider information, which is a violation of securities laws.
Answer: A
Explanation:
If Rich Quick is able to earn profits 95% of the time by trading on abnormalities he observes
in bond yield spreads, he is skilled. There is nothing illegal in what he is doing. Arbitrageurs attempt to
earn profits when they observe what they believe to be mispriced securities, and this is an accepted
activity. Rich is not using insider information; bond yields are publicly available information.

NEW QUESTION: 2
Which of the following are the reasons for triggering an RRC connection?
A. High priority access
B. Caller - signaling
C. Caller - data
D. Emergency call
E. Paging response
Answer: A,B,C,D,E

NEW QUESTION: 3
Cisco fog delivers business outcomes. Which is not one of the outcomes mentioned in the slides?
A. Improve operational effectiveness
B. Increase customer satisfaction and trust
C. Increase product quantity
D. Gain new revenue streams
Answer: C
Explanation:
https://www.cisco.com/c/en/us/solutions/internet-of-things/iot-data-analytics.html