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NEW QUESTION: 1
Which of the following quantitative methods does NOT apply to the assessment of actual system/component reliability?
A. Evaluation of laboratory test data.
B. Statistical allocation of reliability goals.
C. Statistical analysis of field test and failure data.
D. Analysis of results of reliability demonstration tests.
Answer: B
NEW QUESTION: 2
On the Brocade VDX 6710, you have defined a default Layer 2 ACL on all interfaces and only added the following:
VDX(conf-macl-al)# permit 0022.3333.4444 0022.3333.5555
You have also defined a default Layer 3 ACL on VE 100 and only added the following: VDX(conf-ip-a2)# permit 10.10.10.10 10.10.10.20
An IP packet destined for VE100 enters the chassis on interface J/Vl with the following header information:
IP source: 10.10.10.10 IP destination: 10.10.10.30 MAC source: 0022.3333.4444
MAC destination: 0022.3333.6666 If the packet is destined for VE 100, what will occur? A
A. The Layer 3 ACL will drop the packet.
B. The Layer 2 ACL will drop the packet.
C. The Layer 3 ACL will forward the packet.
D. The Layer 2 ACL will forward the packet.
Answer: B
NEW QUESTION: 3
Which two packet types can an EIGRP router send when a route goes into the Active state? (Choose two.)
A. reply
B. query
C. hello
D. update
E. request
Answer: A,B
NEW QUESTION: 4
Travis Smith, CFA, is chief economic strategist and market analyst for Nashville Capital Management. He is developing a forecast of the S&P 500 stock market index utilizing different approaches.
Using microeconomic analysis, Smith wants to value the S&P using a dividend discount model (DDM) valuation approach. The trailing recent 52-week dividend for the S&P 500 equaled $60. Used as a proxy for the nominal risk-free rate, Treasury rates are as follows:
* 3-month T-bill rate: 3.5%
* 30-year T-bond rate: 5.0%
Smith uses an equity market premium equal to 6%. His estimate for the long-term outlook for ROE is 11%, and the long-run earnings retention rate is estimated at 40%.
Smith also is forecasting the market trends using varied macroeconomic techniques. He believes that security prices reflect expectations about the general economy. During his monitoring and forecasting of the overall economy, Smith is evaluating cyclical indicators and the business cycle. Smith has focused his analysis on three indicators:
1. Index of industrial production.
2. Interest rate spread between 10-year T-bonds and the fed funds rate.
3. Stock prices.
Smith is particularly interested in using stock market trends to predict economic turning points.
In conducting his research, Smith has found that the business cycle appears to be in the slowdown phase.
In his capital markets forecasting activities, Smith looks at government policy, and attempts to predict business and consumer activity, along with foreign trade. Smith has determined that government policy has a significant influence on the business cycle, and he is trying to predict changes in government policy.
Smith predicts that the government fiscal policy will loosen and that the Federal Reserve monetary policy will tighten. Smith estimates the following variables:
* Short-term neutral interest rate: 3.5%
* Nominal GDP long-term growth rate trend: 4.25%
* Federal Reserve inflation target: 2.25%
Smith forecasts that inflation will increase to 3.0%, and nominal GDP will grow at a 1.5% rate.
Smith's supervisor, Rasheed Gupta, requests a valuation of the S&P500 using a free cash flow to equity (FCFE) model. Gupta makes the following statement:
"A valuation model that replaces dividends with free cash flow to equity is a good alternative to the DDM If
1 remember correctly, free cash flow to equity equals net income plus depreciation." Using his fiscal and monetary policy forecasts, Smith should forecast that the yield curve will:
A. flatten.
B. steepen.
C. invert.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Smith postulates opposing fiscal (expansionary) and monetary (contractionary) policies. Expansionary fiscal policy tends to cause the yield curve to steepen, while contractionary monetary policy tends to cause the yield curve to flatten or invert. Together, the expansionary iisca! policy and contractionary monetary policy will cause the yield curve to flatten. (Study Session 6, LOS 23.i)
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