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NEW QUESTION: 1
Security analysts Andrew Tian, CFA, and Cameron Wong, CFA, are attending an investment symposium at the Singapore Investment Analyst Society. The focus of the symposium is capital market expectations and relative asset valuations across markets. Many highly-respected practitioners and academics from across the Asia-Pacific region are on hand to make presentations and participate in panel discussions.
The first presenter, Lillian So, President of the Society, speaks on market expectations and tools for estimating intrinsic valuations. She notes that analysts attempting to gauge expectations are often subject to various pitfalls that subjectively skew their estimates. She also points out that there are potential problems relating to a choice of models, not all of which describe risk the same way. She then provides the following data to illustrate how analysts might go about estimating expectations and intrinsic values.

The next speaker, Clive Smyth, is a member of the exchange rate committee at the Bank of New Zealand.
His presentation concerns the links between spot currency rates and forecasted exchange rates. He states that foreign exchange rates are linked by several forces including purchasing power parity (PPP) and interest rate parity (IRP). He tells his audience that the relationship between exchange rates and PPP is strongest in the short run, while the relationship between exchange rates and IRP is strongest in the long run. Smyth goes on to say that when a country's economy becomes more integrated with the larger world economy, this can have a profound impact on the cost of capital and asset valuations in that country.
The final speaker in the session directed his discussion toward emerging market investments. This discussion, by Hector Ruiz, head of emerging market investment for the Chilean Investment Board, was primarily concerned with how emerging market risk differs from that in developed markets and how to evaluate the potential of emerging market investments. He noted that sometimes an economic crisis in one country can spread to other countries in the area, and that asset returns often exhibit a greater degree of non-normality than in developed markets.
Ruiz concluded his presentation with the data in the tables below to illustrate factors that should be considered during the decision-making process for portfolio managers who are evaluating investments in emerging markets.


Regarding Smyth's statements concerning exchange rate links:
A. only the statement regarding IRSP is correct.
B. only the statement regarding PPP is correct.
C. both statements are correct -OR- both statements are incorrect.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The presenter is incorrect on both counts. For any pair of freely traded currencies, interest rate parity is governed by arbitrage and must hold in the short run. On the other hand, the relative form of purchasing power parity is not governed by arbitrage, and currency values can deviate widely from their PPP value in the short run-However, the evidence suggests that PPP is a useful forecasting tool for the long run. (Study Session 6, LOS 23.1)

NEW QUESTION: 2
ワイヤレスユーザーは、ワイヤレスネットワークから頻繁に切断されると報告しています。ネットワークエンジニアのトラブルシューティング中に、ユーザーが切断した後、入力を必要とせずに接続が自動的に再確立されることがわかりました。エンジニアはこれらのメッセージログにも気づきます。

ユーザーへの影響を減らすアクションはどれですか？
A. APハートビートタイムアウトを増やします
B. カバレッジホールの検出を有効にする
C. BandSelectを増やす
D. 動的チャネル割り当て間隔を増やします
Answer: D
Explanation:
Explanation
These message logs inform that the radio channel has
been reset (and the AP must be down briefly). With
dynamic channel assignment (DCA), the radios can
frequently switch from one channel to another but it also
makes disruption. The default DCA interval is 10 minutes,
which is matched with the time of the message logs. By
increasing the DCA interval, we can reduce the number of
times our users are disconnected for changing radio
channels.

NEW QUESTION: 3
Drag and drop the Cisco NX-OS user role on the left to the correct default privilege on the right.

Answer:
Explanation:

Explanation
* network-admin-Complete read-and-write access to the entire Cisco NX-OS device (only available in the default VDC)
* network-operator-Complete read access to the entire Cisco NX-OS device (only available in the default VDC)
* vdc-admin-Read-and-write access limited to a VDC
* vdc-operator-Read access limited to a VDC
https://www.cisco.com/c/en/us/td/docs/switches/datacenter/sw/5_x/nx-os/security/configuration/guide/b_Cisco_N