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NEW QUESTION: 1
A. Option B
B. Option D
C. Option C
D. Option A
Answer: C
NEW QUESTION: 2
Refer to the exhibit.
Which statement about this IP SLA is true?
A. The SLA must also have a schedule configured before it will start.
B. The SLA has a lifetime of 5 seconds.
C. The SLA has a timeout of 3.6 seconds.
D. The TTL of the SLA packets is 10.
Answer: A
Explanation:
When you configure an IP SLAs operation, you must schedule the operation to begin capturing statistics and collecting
error information. You can schedule an operation to start immediately or to start at a certain month, day, and hour.
You can use the pending option to set the operation to start at a later time. The pending option is an internal state of
the operation that is visible through SNMP. The pending state is also used when an operation is a reaction (threshold)
operation waiting to be triggered. You can schedule a single IP SLAs operation or a group of operations at one time.
We can see in this output that the IP SLA is still in a pending trigger state.
Reference: http://www.cisco.com/c/en/us/td/docs/switches/lan/catalyst4500/12-
2/44sg/configuration/guide/Wrapper-44SG/swipsla.html
NEW QUESTION: 3
Janice Palmer, CFA, is an international equity analyst at a large investment management firm catering to high net worth U.S. investors. She is assisted by Morgan Greene and Cathy Wong. Both Greene and Wong have prepared their preliminary security selections and are meeting along with Palmer today for detailed security analysis and valuation. They have narrowed their focus to a few closed-end country funds and some firms from Switzerland, Germany, the U.K. and the emerging markets.
The initial decision is to choose between closed-end country funds and direct investment in foreign stock markets. Wong is in favor of country funds because:
1. Country funds provide immediate diversification.
2. Buying country funds is a better choice than direct investment for most emerging markets.
However, Wong has observed a premium to NAV that is prevalent in closed-end country funds. Wong is curious as to how the observed premiums would affect investments in such instruments.
In contrast to Wong, Greene is more inclined towards individual stocks and has started looking into their financial statements. One firm Greene is analyzing is a German conglomerate. Kaiser Corp. Kaiser has a history of growing by acquiring high-growth firms in niche markets. Exhibit 1 provides key financial information from Greene's analysis of Kaiser Corp.
Exhibit 1: Financial information-Kaiser Corp.
While going through their sample of emerging market stocks, Wong observed that these markets in general have high inflation and that sales for the stocks were extremely seasonal. Wong compensated by adjusting reported sales growth in the emerging market firms by deflating the sales using annual inflation adjustments. Wong also made upward adjustments to reported depreciation figures.
Wong suggested to her colleagues that they add a country risk premium to the discount rate they were using to evaluate emerging market stocks. She further suggested that they estimate country risk premiums by calculating the spread between the yield of U.S. government bonds and that of similar maturity local bonds.
Subsequently they started working on the financial projections for Emerjico, Inc., an emerging market stock. Their assumptions are given in Exhibit 2.
Exhibit 2: Key Assumptions-Emerjico
Wong cites two reasons she prefers investing in closed-end country funds as opposed to direct investments in foreign markets. Which of the reasons are most likely correct?
A. Both reasons 1 and 2 are correct.
B. Only reason 2 is correct.
C. Only reason 1 is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Closed-end country funds, like most mutual funds, provide immediate diversification within the subject country. However, they tend to be more volatile than their underlying assets due to the added volatility induced by the fund premium to net asset value. Moreover, they tend to be strongly correlated with the
U.S. stock marker. Consequently, they are an inferior substitute for direct investing even for most emerging markets. (Study Session 10, LOS 34.g,i)
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