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NEW QUESTION: 1
A user brings in a smartphone for repair. The device is unable to send/receive calls or connect to WiFi. All applications on the device are working unless they require connectivity. Which of the following is MOST likely causing the problem?
A. VPN
B. Tethering
C. Airplane mode
D. Disabled hot-spot
Answer: C

NEW QUESTION: 2
Which messaging protocol do JET service APIs use to interface with the Junos OS?
A. NETCONF
B. MQTT
C. RabbitMQ
D. gRPC
Answer: B

NEW QUESTION: 3
What is the VXLAN source groupfield used for in an ACI fabric?
A. to distribute bridge domain information in the fabric
B. to enable VMM repotting of virtual machine creation to the fabric
C. to identifyspecific endpoints for each application function
D. to identity IP subnets that are required for each application function
Answer: C
Explanation:
VXLAN Source Group is used as a tag/label to identify the specific end pointofeach application function (EPG) Reference: http://www.cisco.com/assets/global/NO/events/2015/partnerday/pdf/9_2_Kjetil_Berge__Aplication_Centric_Infrastructure.pdf

NEW QUESTION: 4
Tamara Ogle, CFA, and Isaac Segovia, CAIA, are portfolio managers for Luca's Investment Management (Luca's). Ogle and Segovia both manage large institutional investment portfolios for Luca's and are researching portfolio optimization strategies.
Ogle and Segovia begin by researching the merits of active versus passive portfolio management. Ogle advocates a passive approach, pointing out that on a risk-adjusted basis, most managers cannot beat a passive index strategy. Segovia points out that there will always be a need for active portfolio managers because as prices deviate from fair value, active managers will bring prices back into equilibrium. They determine that Treynor-Black models permit active management within the context of normally efficient markets.
Ogle decides to implement Treynor-Black models in her practice and starts the implementation process. In conversations with her largest client's risk manager, Jim King, FRM, she is asked about separation theorem in relation to active portfolio management. She responds that separation theorem more properly relates to asset prices deviating from and gravitating toward their theoretical fair price. King next asks Ogle about the differences between the Sharpe ratio and the information ratio and the difference between the security market line (SML) and the capital market line (CML).
After reallocating her client portfolios based on using the Treynor-Black model, Ogle discusses the results with Segovia. Ogle states that she is satisfied with the current methodology, but given her preference for passive management, she is still concerned about relying on analyst's forecasts. Segovia tells Ogle that he will research methods for modifying the Treynor-Black model to account for analyst forecasts.
Which of the following is most accurate regarding the separation theorem?
A. An investor's choice of risky assets does not depend on his degree of risk aversion.
B. An investor's optimal portfolio is independent of the investor's risk aversion.
C. The expected alpha of an actively managed portfolio should be maximized, regardless of the risk-free rate.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Active portfolio management (generally) and separation theorem (specifically) supports the conclusion that all investors should hold a combination of the risk-free asset and the market portfolio. This allows the portfolio manager to identify the optimal risky portfolio, independent to the investor's risk aversion. The optimal portfolio for an individual investor is a combination of the risk-free asset and the optimal risky asset portfolio that does depend on the investor's degree of risk aversion. (Study Session 18, LOS67.a)