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NEW QUESTION: 1
When a Huawei router serves as an SSH client and attempts to log in to another Huawei router, the login fails.
It is suspected that the SSH server configuration is incorrect. Which of the following causes is the most impossible for the server fault?
A. The SSH protocol is not bound in the VTY user interface view.
B. The user service type, authentication type, and user service type are not configured.
C. The SSH first-time authentication function is disabled.
D. The SSH server and client have inconsistent versions.
Answer: C

NEW QUESTION: 2
A client has asked for a vulnerability scan on an internal network that does not have internet access. The rules of engagement prohibits any outside connection for the Nessus scanning machine. The customer has asked you to scan for a new critical vulnerability, which was released after the testing started, winch of the following methods of updating the Nessus plugins does not violate the rules of engagement?
A. Change the routing and connect through an alternative gateway
B. Download the updates on an alternative machine and manually load on scanningmachine
C. Proceed with the test and note the limitation of updating the plugins
D. Connect the scanning machine via wireless bridge and download the updateddirectly
Answer: B

NEW QUESTION: 3
Brad Kit, CFA, is analyzing the broadcasting industry. Kit has narrowed his analysis to Willow Corp. and Vision Inc.
Willow Corp. is a media company with a diversified group of leading TV, newspaper, and cable news operations. Revenues and earnings have grown slightly over the past ten years. The company's long-term debt to capital ratio is 40%. During the last recession, the company's earnings remained flat with the prior year. Still, Kit believes that Willow Corp. will have positive earnings surprises over the next several quarters, due to several new programs that have been hugely successful.
Vision Inc.'s operations are located in emerging markets with a high degree of political and regulatory risk.
However, the TV, radio, and internet operations have the potential for extraordinary returns. Vision's stock is trading at 30 times next year's earnings and five times book value.
A client asks Kit whether Willow Corp. is a growth company or growth stock and whether Vision Inc. is a speculative company or speculative stock. Kit's most appropriate response would be that:
A. Willow Corp. is a growth stock and Vision Inc. is a speculative stock.
B. Willow Corp. is a growth company and Vision Inc. is a speculative stock.
C. Willow Corp. is a growth stock and Vision Inc. is a speculative company.
Answer: C

NEW QUESTION: 4
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.

This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
How should Wang describe sustainable growth? "The sustainable growth rate is the rate of dividend and earnings growth that can be sustained for a given return on equity assuming that:
A. additional equity capital may be raised proportional to the amount of earnings retained."
B. additional debt capital may be raised, keeping the capital structure constant."
C. no additional external capital is raised."
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Sustainable growth is growth that can be achieved by retaining some earnings and keeping the capital structure (debt to equity) constant. (Study Session 11, LOS 40.o)

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