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NEW QUESTION: 1
Which three elements are used for role restrictions? (Choose three.)
A. LDAP attribute
B. username
C. source IP
D. browser
E. certificate
Answer: C,D,E
NEW QUESTION: 2
Which type of optics module is supported by a 6-port 40 GE Cisco Nexus 7000 M2 Series I/O module?
A. SFP/SFP+
B. CFP
C. QSFP+
D. CPAK
Answer: C
NEW QUESTION: 3
DRAG DROP
Answer:
Explanation:
Explanation:
Output ACLs are checked on the outbound interface - Step 4 CEF table (FIB) lookup is carried out for packet forwarding - Step 3 The packet is forwarded - Step 5 Unicast RPF checks to see if the packet has arrived on the best return path to the source, it does this by doing a reverse lookup in the FIB table - Step 2 Input ACLs configured on the inbound interface are checked - Step 1
NEW QUESTION: 4
Gerard Rouleau is studying for the Level 2 CFA examination. His friend, Sonia Fennell, is studying for Level 1. One weekday morning they are sitting at the local Cafe drinking espresso when she asks him for help with the section on margin trading. Rouleau creates the following scenario: Assume Fennell purchases 1,000 shares of Xpressoh Inc. for $35 per share. The initial margin requirement is 50 percent and the maintenance margin is 25 percent One year later, she sells the stock for $42 per share. Rouleau asks Fennell to calculate the one-year return under two cases: first, assuming an all-cash transaction,and second, assuming she buys on margin. She is to ignore transaction and borrowing costs. The earnings retention rate is 100%.
Which of the following choices is closest to the correct answer? The return on an all cash transaction is:
A. 40.00%, and the return on the margin transaction is 80.00%.
B. 20.00%, and the return on the margin transaction is 80.00%.
C. 20.00%, and the return on the margin transaction is -40.00%.
D. 20.00%, and the return on the margin transaction is 40.00%.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
One quick (and less than intensive) way to calculate the answer to this on the examination (and is it very important to save time on the examination) is to first calculate the return if all cash, then calculate the margin leverage factor and then finally, multiply the leverage factor times the all cash return to obtain the margin return.
Calculations:
Step 1: Calculate All Cash Return:
Cash Return % = [(Ending Value / Beginning Equity Position) - 1] * 100
= [(($42 * 1,000) / ($35 * 1,000)) - 1] * 100 = 20%
Step 2: Calculate Leverage Factor:
Leverage Factor = 1 / Initial Margin % = 1 / 0.50 = 2.00
Step 3: Calculate Margin Return:
Margin Transaction Return = All cash return * Leverage Factor = 20% * 2.00 = 40% Note: You can verify the margin return as follows:
Margin Return % = [((Ending Value - Loan Payoff) / Beginning Equity Position) - 1] * 100
= [(([$42 * 1,000] - [$35 * 1,000 * 0.50]) / ($35 * 0.50 * 1,000)) - 1] * 100 = 40%
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