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NEW QUESTION: 1
Kelly Windsor and Joe Agosti, expatriates working in Yemen, are studying for the Level 1 CFA examination. This week, they are focused on new concepts in the asset valuation material. While sitting on his balcony overlooking the desert, Agosti creates the following true/false question to test Windsor's knowledge of dollar-weighted and time-weighted returns. Which of the following statements did he make FALSE?
A. The time-weighted return measures the compound rate of growth of $1 over a stated time period.
B. If a client adds funds to an investment during an unfavorable market, the time-weighted return will be lower than actual.
C. The dollar-weighted return applies the concept of internal rate of return (IRR) to investment portfolios.
D. If the investment period is greater than one year, an analyst must use the geometric mean approach when using the time-weighted return method.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The time-weighted method is preferred because it is not affected by the timing of cash flows. This statement should read, "If a client adds funds to an investment during an unfavorable market, the dollar- weighted return will be lower than actual." The other statements are true.
NEW QUESTION: 2
You are designing a Log Director deployment that must be able to handle 6.500 sustained events per
second. What is the minimum deployment scenario?
A. two Log Collector VMs and one Log Concentrator VM
B. three Log Collector VMs and one Log Concentrator VM
C. one Log Collector VM
D. four Log Collector VMs and one Log Concentrator VM
Answer: A
NEW QUESTION: 3
What is not a characteristic of an investment company?
A. can be classified as closed-end or open-end
B. an investment management company is hired by a board of directors
C. per share value is the NAV
D. investment management company is voted and approved by the individual investors
E. invests in a pool of funds
Answer: D
Explanation:
Explanation/Reference:
Explanation:
An investment advisory firm starts an investment company and selects a board of directors for the fund.
Subsequently this board of directors hires the investment advisory firm as the fund's portfolio manager.
NEW QUESTION: 4
Refer to the exhibit.
The excerpt was taken from the routing table of router SATX.
Which option ensures that routes from 51.51.51.1 are preferred over routes from 52.52.52.2?
A. SATX(config-router)#distance 90.52.52.52.2 0.0.0.0
B. SATX(config-router)#distance 90 51.51.51.1 0.0.0.0
C. SATX(config-router)#distance 89.52.52.52.2 0.0.0.0
D. SATX(config-router)#distance 89 51.51.51.1 0.0.0.0
E. SATX(config-router)#administrative distance 91 51.51.51 0.0.0.0
F. SATX(config-router)#administrative distance 91 52.52.52.2 0.0.0.0
Answer: D