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NEW QUESTION: 1
What is the primary focus of the Cisco Self-Defending Network security strategy?
A. finding security threats once they enter the network
B. identity and policy
C. protecting devices that are always connected and always on
D. Keeping security threats out
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
The analyst should keep in mind that (1) if earnings are adjusted from LIFO to FIFO and (2) if after-tax income or after-tax cash flow are used as the appropriate measure of economic income, then the adjustment should be net of:
A. Income tax effect (either additional taxes or benefit) associated with it
B. GDP rate (either additional taxes or benefit) associated with it
C. Net difference between the inventory and income tax liability adjustments
D. Net difference between the Earnings and income tax liability adjustments
Answer: A
NEW QUESTION: 3
Daniel Altman is undecided between purchasing the three period bond or a series of one period bonds.
Unfortunately, the table that provides the forward rates and spot rates for the next few periods is torn and therefore, incomplete. Daniel believes that he has ample information to calculate the three period spot rate even though that data is missing. Given the forward rates and spot rates provided below, what would
Daniel earn on his three period spot rate bond?
Spot Rates and Six Month Forward Rates (Annualized Rates on a Bond Equivalent Basis)
A. 4.0479
B. 5.1723
C. 4.4977
Answer: C
Explanation:
The spot rate is nothing more than all of the forward rates multiplied together taken to the nth root. While the calculation appears more difficult than it actually is, there are a number of areas that can potentially trap some candidates. For example, each spot rate needs to be annualized and needs to be divided by two in order to get the effective period rate. Also, after all of the forward rates have been multiplied by each other (being sure to add "1" to each rate before multiplying) it is important to take the nth root (depending on the number of periods) and to subtract "1" afterwards. The detailed calculation is shown below:
(((((1+0.040728/2) 2 x (1+0.0535/2))(1/3))-1) x 2 = 0.044977.
(Note: If the candidate would prefer to see the number in "percentage" form it is necessary to multiply by
"200" rather than by "2")
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