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NEW QUESTION: 1
Pardotのどのエディションがビジネスユニットとアインシュタインの機能を提供しますか
A. Pardot Advanced Editionのみで、2つのビジネスユニットが含まれています。その後の各コストは2です。
000ドル/月
B. Pardot PlusEditionおよびPardotAdvanced Edition
C. すべて
D. Pardot Advanced Editionのみで、無制限のビジネスユニットが含まれています
Answer: A

NEW QUESTION: 2
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A. Create a three-node cluster clone and use the reader endpoint
B. Use the reader endpoint to automatically distribute the read-only workload.
C. Use any of the instance endpoints for the selected three nodes.
D. Create and use a custom endpoint for the workload
Answer: A

NEW QUESTION: 3
Christopher Robinson, chairman of the board of directors for a private endowment fund, believes that the endowment fund for which he is responsible has diverged too far from its stated objectives. Over several years the board has increased the size of the fund's equity position beyond the stated limits of the investment policy statement. In an effort to realign the fund's investments, Robinson has elected to choose a mortgage-backed security (MBS) for inclusion in the endowment's portfolio. After surveying the MBS market, Robinson has selected four MBS securities to present as potential investments at the next investment committee meeting. Details on the selected MBS securities are presented below:

At the investment committee meeting, a fellow board member raises his concerns over the potential MBS investments stating, "While we all agree that the fixed-income proportion of the endowment is much too small, I am not sure the suggested MBS securities will fulfill the cash flow requirements of the endowment.
What risks are we taking on by allocating a portion of the portfolio to these investments? We cannot afford to end up with a timing mismatch between the cash needs of the endowment and the cash provided from its investments. Also, we have given no consideration to commercial mortgage backed securities (CMBS).
Isn't our analysis incomplete if we fail to give proper discussion of potential CMBS investment opportunities?" Robinson responded to his fellow board member by addressing the board member's concerns as follows:
"Since the cash requirements of the endowment fund fluctuate directly with interest rates, the cash flows provided from the MBS will provide adequate protection against cash shortfalls arising from differences in the timing of cash needs and cash sources. In addition, we can further reduce uncertainty surrounding the timing of cash flows by purchasing planned amortization class CMOs, which are securities issued against pools of MBS. CMBS were not presented due to the unacceptable risk profile of the comparable CMBS trading in the marketplace." Which of the following factors would most likely increase the rate of prepayments on any of the listed MBS securities?
A. The Federal Reserve increases the reserve requirement for domestic banks.
B. Interest rates hit a low of 5.2% for the second time in the same year.
C. Annualized GDP growth, on an inflation adjusted basis, increases from last year.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Increased economic growth increases incomes and worker migration. In turn, higher incomes will lead some households to purchase more expensive houses. Workers who migrate to a new location because of increased job opportunities will also repay mortgages when they sell their homes. If the Fed increases reserve requirements, interest rates will increase as a result of the restrictive monetary policy and prepayments will decrease. If interest rates hit a low point a second time, prepayments will occur but at a significantly lower rate than when the first interest rate low occurred. (Study Session 15> LOS 55-0

NEW QUESTION: 4
A mutual fund with an 8% load and a 1% redemption fee carries a current quote of $6.25 - $6.79. If an investor has tendered his shares for redemption on that basis, the per share price he will receive is approximately:
A. $6.25
B. $6.72
C. $6.19
D. $6.79
Answer: C
Explanation:
Explanation/Reference:
Explanation: $6.19. The fund has a redemption fee of 1%. This is about 6 cents based upon the bid price.
Subtracting that from the $6.25 bid results in $6.19.


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