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NEW QUESTION: 1
注:この質問は、同じシナリオを提示する一連の質問の一部です。シリーズの各質問には、独自のソリューションが含まれています。ソリューションが規定の目標を満たしているかどうかを判断します。
ベンダーの通知要件を満たす必要があります。
解決策:クラウドベースのメールサービスを使用してメールを送信するようにDelivery APIを更新します。
ソリューションは目標を達成していますか?
A. はい
B. いいえ
Answer: B
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/azure/api-management/api-management-howto-configure-notifications
NEW QUESTION: 2
Which location provides a law enforcement investigator the best opportunity for a productive investigative interview of a suspect?
A. An interview room in the offices of a law enforcement agency
B. The office or work location of the suspect
C. The residence of the suspect
D. A neutral location such as a coffee shop or restaurant
Answer: A
NEW QUESTION: 3
A. Option A
B. Option C
C. Option D
D. Option B
Answer: D
NEW QUESTION: 4
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.
How should Wang describe sustainable growth? "The sustainable growth rate is the rate of dividend and earnings growth that can be sustained for a given return on equity assuming that:
A. no additional external capital is raised."
B. additional debt capital may be raised, keeping the capital structure constant."
C. additional equity capital may be raised proportional to the amount of earnings retained."
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Sustainable growth is growth that can be achieved by retaining some earnings and keeping the capital structure (debt to equity) constant. (Study Session 11, LOS 40.o)
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