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NEW QUESTION: 1
You are designing a multi-story dwelling and need to place the CTR's. Every floor is not available. What is the alternate spacing for the CTRs?
A. Every 4 floors
B. 1st floor and midway up through the height of the building
C. Every 2 floors
D. Every 5 floors
E. Every 3 floors
Answer: E

NEW QUESTION: 2

A. Option E
B. Option D
C. Option C
D. Option A
E. Option B
Answer: C,E
Explanation:
A single interface may be assigned multiple addresses of any type (unicast, anycast,
multicast).
Every IPv6-enabled interface must contain at least one loopback and one link-local
address.
Optionally, every interface can have multiple unique local and global addresses.
IPv6 host addresses can be assigned in multiple ways:
Static configuration
Stateless autoconfiguration
DHCPv6
When IPv6 is used over Ethernet networks, the Ethernet MAC address can be used to
generate the 64-bit interface ID for the host. This is called the EUI-64 address.
Since MAC addresses use 48 bits, additional bits must be inserted to fill the 64 bits
required.
Reference:
http://www.cisco.com/en/US/technologies/tk648/tk872/technologies_white_paper0900aecd
8026003d.pdf

NEW QUESTION: 3
Mary Rolle and Betty Sims are portfolio managers for RS Global Investments, located in Toronto, Canada.
RS specializes in seeking undervalued stocks and bonds throughout the North American, Asian, and European markets. RS has clients throughout North America, however, the majority are Canadian institutional investors. RS has traditionally managed currency risk in their portfolios by assigning it to their portfolio managers. The manager is allowed discretion for hedging currency risk within the confines of the investor's investment policy statement.
Rolle and Sims are currently deciding whether to hedge the currency risk of a portfolio of Japanese stocks.
Rolle explores the possibility of using three different currency hedges. Each is an option contract on the yen-Canadian dollar exchange rate.

RS has a portfolio of European stocks and would like to change its equity risk. They can enter into futures contracts on the Eurostoxx index of large European stocks. The information below provides the characteristics of the futures contract and the portfolio.
Portfolio value in euros 2,000,000
Desired beta value 1.80
Current portfolio beta 0.60
Beta of futures contract 1.02
Value of one futures contract in euros 110,000
RS is also invested in British and Argentine stocks. RS has taken a position in two main sectors of the British economy. The first sector consists of manufacturers who derive a great deal of their business from exporting to the United States and Canada. The other sector consists of British service firms who are largely immune from international competition, because most of their business is localized and cannot be provided by foreign firms. The main investment in the Argentine stocks consists of firms who provide cellular phone service to Argentine consumers. Rolle and Sims discuss which currency positions RS should hedge.
RS occasionally invests in mortgage-backed securities sold in the United States. The growth in these securities has increased tremendously over the past three decades as firms have used securitization to remove the risk of these securities from their balance sheet. RS holds a mortgage security issued by CWC International. This mortgage security has a coupon rate higher than newly issued mortgage securities.
Sims discusses the return for this security when hedged with a short position in Treasury bond futures.
Rolle and Sims further discuss how to hedge the risk of mortgage securities. Rolle states that two Treasury bond futures contracts are typically used instead of just one. Sims states that a hedge becomes more important if the volatility of interest rates increases.
Assuming interest rates fall, what is the most likely performance for the CWC International mortgage when hedged with a short position in Treasury bond futures?
A. The return will be weak due to the hedge.
B. The return will be the risk-free rate due to the hedge.
C. The return will be high due to the high coupon.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The CWC International mortgage has a higher coupon rate than newly issued mortgages. As such, it is likely to be called (i.e., homeowners will refinance) when interest rates decline and has negative convexity (just as with any callable bond). If rates decline, the mortgage price rise will be capped at the call price.
The price rise in the mortgage will be less than the loss in the short futures position. Thus, the mortgage and hedge combination would have a weak return if interest rates fall. (Study Session 10, LOS 32.a)

NEW QUESTION: 4

A. Option D
B. Option E
C. Option C
D. Option A
E. Option B
Answer: A,D,E