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NEW QUESTION: 1
ISIS CSNP OSPF DD MA , , both the text and the report are reported in the network description of the road
data summary role chain library for this report than the two classes below
Correct method
A. OSPFA DD, DR/BDR; CSNP DIS in the textual interaction of the master-slave relationship report and
the non-identity binding, and the text is only produced by the report.
B. After the two texts are sent, the router does not need to be authenticated.
C. Once the connection establishes a successful neighbor, the CSNP DD message and the report will stop
sending.
D. Both types need to be confirmed by the peer router after the message is sent. Otherwise, it needs to be
retransmitted.
Answer: C
NEW QUESTION: 2
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, Wang 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.
Which of the three phrases in the investment banker's report is least likely to be correct?
A. Phrase 3.
B. Phrase 1.
C. Phrase 2.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Given the assumptions of a constant growth model, the justified forward P/E is smaller than the justified trailing P/E. The equations for the two concepts are:
The Trailing P/E will equal the Forward P/E times (1 +g)
The other two phrases from the investment banker are correct. (Study Session 11, LOS 40.g)
NEW QUESTION: 3
DRAG DROP You have a SQL Azure database named Database1. You need to design the schema for a table named table1. Table1 will have less than one million rows. Table1 will contain the following information for each row: The solution must minimize the amount of space used to store each row. Which data types should you recommend for each column? To answer, drag the appropriate data type to the correct column in the answer area.
Select and Place:
Answer:
Explanation:
Explanation:
According to this reference, the answer looks correct.
Reference: http://msdn.microsoft.com/en-US/library/ms187752.aspx
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