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  • Exam Number/Code : ICWIM
  • Exam Name : International Certificate in Wealth & Investment Management
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
A company is in breach of a covenant in the lending facility if the interest coverage ratio,
EBITDA/Interest , falls below 3. You forecast interest of $30 million. You estimate EBITDA to be between
$ 50 and $75 million. Assume the outcomes for EBITDA are equally likely, what is the probability that the coverage ratio will fall below 1.8?
A. 12%.
B. 15%.
C. 16%.
Answer: C
Explanation:
You forecast interest of $30 million. You estimate EBITDA to be between $50 and $75 million. Assume the outcomes for EBITDA are equally likely, the probability is 16%, and the coverage ratio will fall below 1.8.
EBITDA/Interest is a continuous uniform random variable because all outcomes are equally likely. The coverage ratio can have a range of values as follows:
EBITDA/Interest = 50/30 = 1.667 and, EBITDA/Interest = 75/30 = 2.5. Range = 2.5 - 1.667 = 0.833. The distance between 1.8 and 1.667 is 0.133. The value of 0.133 as a percentage of 0.833 is 0.133/0.833 =
0 .16 = 16%.

NEW QUESTION: 2
You need to recommend a technology for processing customer pickup requests.
Which technology should you recommend?
A. Notification hub
B. Mobile Service with push notifications
C. Queue messaging
D. Service Bus messaging
Answer: D
Explanation:
Service Bus queues are part of a broader Azure messaging infrastructure that supports queuing as well as publish/subscribe, Web service remoting, and integration patterns.
Service Bus Queue support Push-style API (while Azure Queue messaging does not).
Incorrect:
Not A: Notification Hub is only used to push notification, not for processing requests.
Not B As a solution architect/developer, you should consider using Azure Queues when:
* Your application must store over 80 GB of messages in a queue, where the messages have a lifetime shorter than 7 days.
* Your application wants to track progress for processing a message inside of the queue.
This is useful if the worker processing a message crashes. A subsequent worker can then use that information to continue from where the prior worker left off.
You require server side logs of all of the transactions executed against your queues.
Not C: To process the messages we do not need push notification.
References:

NEW QUESTION: 3
The implications of stock market efficiency for fundamental analysis indicates that using the top-down approach to analyze a firm will yield:
A. superior returns using past and current information.
B. returns that are not superior if the analysis only looks at past and current information.
C. superior returns using only past information.
D. superior returns compared to a randomly selected buy-and-hold portfolio of stocks.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The evidence is that fundamental analysis does not lead to superior returns using the top-down approach if the analyst uses only past and current information. The analyst's job has to be directed towards doing a superior job of estimating the variables that cause long-run trends in realized returns.

NEW QUESTION: 4
A network technician has been assigned to install an additional router on a wireless network. The router has a different SSID and frequency. All users on the new access point and the main network can ping each other and utilize the network printer, but all users on the new router cannot get to the Internet. Which of the following is the MOST likely cause of this issue?
A. The gateway is misconfigured on the new router.
B. The gateway is misconfigured on the edge router.
C. The subnet mask is incorrect on the new router.
D. The SSID is incorrect on the new router.
Answer: A
Explanation:
A missing or incorrect default gateway parameter limits communication to the local segment.
The question states: "All users on the new access point and the main network can ping each other and utilize the network printer, but all users on the new router cannot get to the Internet".

 

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Eleanore - 2014-09-28 16:36:48
Training ICWIM Online & Valid Exam ICWIM Preparation - Pass ICWIM Test - Cads-Group


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