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NEW QUESTION: 1
Identification usually takes the form of:
A. Login ID.
B. None of the choices.
C. Passphrase
D. User password.
Answer: A
Explanation:
Identification is a means to verify who you are. Authentication is what you are authorized to perform, access, or do. User identification enables accountability. It enables you to trace activities to individual users that may be held responsible for their actions. Identification usually takes the form of Logon ID or User ID. Some of the Logon ID characteristics are: they must be unique, not shared, and usually non descriptive of job function
NEW QUESTION: 2
ルーター上のIKEv1とIKEv2の機能的な違いは何ですか？
A. HSRP
B. RRI
C. Stateful Failover
D. DPD
Answer: D
Explanation:
Reference: https://www.cisco.com/en/US/docs/ios-xml/ios/sec_conn_ikevpn/configuration/15-1mt/ Configuring_Internet_Key_Exchange_Version_2.html
NEW QUESTION: 3
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.
This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wrang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
Is Wang's estimate of the expected rate of return for the British stock approximately correct?
A. No. The rate of return is closer to 13%.
B. No. The rate of return is closer to 14%.
C. Yes.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The first three dividends remain at:
You need to find a rate of return that gives a value closest to £90. Trial and error is a sound approach to finding the answer, and the test wise candidate should use the values given as multiple-choice answers.
Basically substitute 12%, 13%, or 14% into the valuation equation:
The answer, to three decimal places, is 14.085%. (Study Session 11, LOS 40.m,n)
NEW QUESTION: 4
What is one of the requirements in order for the Strangler Application pattern approach to be successful?
A. Mega UIs
B. Web or API-based monolith
C. Encrypted URL structure
D. Encrypted URL certificates
Answer: B
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Aalk - 2014-05-05 16:45:18
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