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NEW QUESTION: 1
A project with normal (or conventional) cash flows has a single IRR of 10%. If a project's hurdle rate is 8%, the project NPV:
A. is negative.
B. is positive.
C. equals zero.
D. could be all of these answers.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
"Normal cash flows" implies that there is an up front cost when the project is set up but all cash flows after that are cash inflows. For normal cash flows, the NPV is positive for discount rates lower than the IRR and negative for discount rates higher than the IRR. Since the project's hurdle rate is less than the IRR, the project's NPV is positive. Note: if there are cash outflows after the project is put into operation, one can get multiple IRRs.

NEW QUESTION: 2
A client application with IP address 10.2.2.2 connecting to a queue manager needs to be blocked for security purposes.
Which command does system administrator need to run to block this client application?
A. SET CHLAUTH (*) TYPE (BLOCKADDR) IPADDR(10.2.2.2) USERSCR (BLOCK)
B. SET CHLAUTH (*) TYPE (ADDRESSMAP) ADDRESS(10.2.2.2) USERSCR (BLOCK)
C. SET CHLAUTH (*) TYPE (BLOCKADDR) ADDRLIST(10.2.2.2)
D. SET CHLAUTH (*) TYPE (ADDRESSMAP) ADDRESSMAP (10.2.2.2) USERSCR (BLOCKADDR)
Answer: B

NEW QUESTION: 3



1
3
6
10
15



A. Yes
B. No
Answer: B

NEW QUESTION: 4
An economist has forecast that the term structure of interest rates will remain perfectly flat. According to the liquidity preference theory, the economist's forecast implies that future short-term interest rates will:
A. equal current short-term interest rates
B. increase over time
C. decrease over time
Answer: C