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NEW QUESTION: 1
Both portfolio Y and Z are well-diversified. The risk-free rate is 6%, the expected return on the market is 15%, and the portfolios have the following characteristics:
Portfolio | Expected Return | Beta Y | 17% | 1.20 Z | 14% | 1.00
Which of the following best characterizes the valuations of portfolio Y and Z?
A. Y is overvalued and Z is correctly valued.
B. Y is undervalued and Z is correctly valued.
C. Y is undervalued and Z is overvalued.
Answer: C
Explanation:
Because both portfolios are completely diversified, their returns should only reflect systematic risk of the portfolios. Thus, their betas are informative but their deviations are relevant. The required return for each portfolio can be calculated using the CAPM and compared with the associated market-implied expected return.
Y is undervalued. Its CAPM return is 6 + 1.2 x (15 - 6) = 16.8%. yet it has an expected return of 17%. Thus, the portfolio offers more return than is required given its level of risk and would therefore be attractive to investors. In contrast, Z is overvalued. Its CAPM return is 6 + 1.0 x (15 - 6) = 15%. However, it has an expected return of 14%. Thus, the portfolio offers less return than is required given its level of risk and would therefore be unattractive to investors.
NEW QUESTION: 2
顧客が訪問者用のゲストワイヤレスネットワークを設定したいと考えています。 顧客はネットワーク上でパスワードを持たないことを好む。 ネットワークを使用する前に、技術者がゲストに情報の提供を強制するために設定する必要があるものはどれですか。
A. Captive portal
B. RADIUS
C. Single sign-on
D. TACACS+
Answer: A
NEW QUESTION: 3
When a user dials a telephone number from a Type A SIP phone how are the digits analyzed by Cisco Unified Communication Manager if no SIP dial rules are configured.
A. When no dial rules are present digit are sent to the Cisco Unified Communication Manager en bloc.
B. When no dial rules are present digit are sent to the Cisco Unified Communication Manager digit-by-digit
C. With a Type A SIP phone the digits are only sent en bloc.
D. If there are no dial rules present and the user uses the Dial softkey the digits are sent to the Cisco Unified Communication Manager digit-by -digit
Answer: A
NEW QUESTION: 4
Which statement is true about generic objects?
A. Batching and chaining operations are supported only by generic objects.
B. A generic object representation must be built for custom objects.
C. A generic object representation must be built for handling standard objects.
D. CRUD operations cannot be performed with generic objects.
Answer: A
Explanation:
Explanation
Chaining is always used together with batching. A batch operation includes multiple target operations that each can take a homogeneous or heterogeneous list of business objects.
References:
https://docs.oracle.com/en/cloud/paas/integration-cloud-service/cccdg/batch-and-bulk-operations.html
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