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NEW QUESTION: 1
Samuel Edson, CFA, portfolio manager for Driver Associates, employs a multifactor model to evaluate individual stocks and portfolios. Edson examines several possible risk factors and finds two that are priced in the marketplace. These two factors are investor sentiment (IS) risk and business cycle (BC) risk. Edson manages three equity portfolios (A, Bt and Q and derives the following relationships for each portfolio, as well as for the S&P 500 stock market index:

Portfolios A and B are well-diversified, while C is a less than fully diversified, value-oriented portfolio. FJS is the surprise in investor sentiment, and FBC is the surprise in the business cycle. Surprises in the risk factors are defined as the difference between the actual value and the predicted value.
Exhibit 1 provides data for the actual and predicted values for the investor sentiment and business cycle risk factors.

Driver Associates uses a two-factor Arbitrage Pricing Model to develop equilibrium expected returns for individual stocks and portfolios:

Assuming Driver Associates uses the S&P 500 index as their performance benchmark, which of the following portfolios is expected to have the least active factor risk?
A. Portfolio E.
B. Portfolio D.
C. Portfolio F.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Active factor risk is caused by deviations of a portfolio's factor sensitivities from the benchmark factor sensitivities. Deviations are quite large for both Portfolios D and E, but Portfolio F's factor sensitivities match those of the S&P 500 benchmark (1.5 and 1.25). (Study Session 18, LOS 64.m)

NEW QUESTION: 2
What reporting tools can you use to customize your reporting data within Facebook Ads Manager?
(Select three that apply)
Choose ALL answers that apply.
A. Reports
B. Ad Sets
C. Date Range
D. Breakdown
E. Placement
F. Search
Answer: C,D,F

NEW QUESTION: 3
プロトコルに依存しないマルチキャストはどのように機能しますか？
A. スパースモードでは、ネイバー隣接関係を確立し、5秒間隔でhelloメッセージを送信します。
B. ユニキャストルーティング情報を使用してマルチキャスト転送機能を実行します。
C. マルチキャストルーティングテーブルを使用して、マルチキャスト転送機能を実行します。
D. ブロードキャストルーティング情報を使用してマルチキャスト転送機能を実行します。
Answer: B
Explanation:
Although PIM is called a multicast routing protocol, it actually uses the unicast routing table to perform the reverse path forwarding (RPF) check function instead of building up a completely independent multicast routing table. Unlike other routing protocols, PIM does not send and receive routing updates between routers.