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NEW QUESTION: 1
Millennium Investments (MI), an investment advisory firm, relies on mean-variance analysis to advise its clients. Mi's advisors make asset allocation recommendations by selecting the mix of assets along the capital allocation line that is most appropriate for each client.
One of MPs clients, Edward Alverson, 60 years of age, requests an analysis of four risky mutual funds (Fund W, Fund X, Fund Y, and Fund Z). After examining the four funds, MI finds that all four mutual funds are equally weighted portfolios, and that all of the funds, except Fund Z, are mean-variance efficient. MI also finds that the correlations between all pairs of the mutual funds are less than one.
MI calculates the average variance of returns across all assets within each mutual fund, the average covariance of returns across all pairs of assets within each mutual fund, and each mutual fund's total variance of returns. The results of Mi's calculations are reported in Exhibit 1.

During his meeting with the MT advisors, Alverson explains that he will retire soon, and, consequently, is highly risk-averse. Alverson agrees with Mi's reliance on mean-variance analysis and makes the following statements:
Statement 1: All portfolios lying on the minimum variance frontier are desirable portfolios.
Statement 2: Because I am highly risk-averse, I expect that my investment portfolio on the capital allocation line will have risk and return equal to that of the global minimum variance portfolio.
MI operates under the assumption that all investors agree on the forecasts of asset expected returns, variances, and correlations. Based on these assumptions, MI created the Millennium Investments 5000 Fund (MI-5000), which is a market value-weighted portfolio of all assets in the market. MI derives the forecasts for the MI-5000 Fund and for a fund comprising short-term government securities shown in Exhibit 2.

According to the capital market forecasts provided in Exhibit 2, the intercept and slope of the capital market line are:
Intercept ;Slope
A. 0.05 ;0.35
B. 0.05 ;0.07
C. 0.12 ;0.07
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Note that the MI-5000 Fund is the "market portfolio" that applies relative market value weights across assets in the portfolio. The Government Securities Fund has a standard deviation of zero, so it is the risk- free asset. Therefore, the data reported in Exhibit 2 provide the inputs needed to derive the capital market line. The intercept of the capital market line equals the risk-free rate (0.05), and the slope of the capital market line equals the Sharpe ratio for the optimal risky portfolio, the MI-5000:

NEW QUESTION: 2
The more frequently employees that take a break for guided relaxation exercises during working hours each week, the fewer sick days they take. Even workers who take a guided relaxation break once a week during working hours take less sick leave than those who do not perform relaxation. Therefore, if companies started guided relaxation programs, the absentee rate in those companies would decrease significantly.
Which of the following, if true, most seriously weakens the argument above?
A. Employees who do guided relaxation exercises during working hours occasionally fall asleep for short periods of time after the exercises.
B. Employees do guided relaxation exercises during working hours take slightly longer lunch breaks than employees who do not do relaxation exercise
C. Employees who do guide relaxation exercises only once a week in their company's fitness program usually also do relaxation exercises at home.
D. Employees who are frequently absent are the least likely to cooperate with or to join a corporate relaxation program.
E. Employees who do guided relaxation exercises in their company's relaxation program use their working time no more productively than those who do not do relaxation exercises.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The best answer is C.
The passage challenges the validity of the theory that positively biased self- perception is closely correlated with normal human thought and good mental health by showing how a very high self-perception may lead to violent behavior.

NEW QUESTION: 3
Refer to the Exhibit.

Which three statements are true about using the administration console to shut down a server?
A. The administration console can be used to shut down Managed Servers, such as managed not the Administration Server.
B. The choice "When work completes" allows in work requests to complete before the server down.
C. The configuration must first be locked.
D. Both the choices, "When work completes" and "Force Shutdown Now", reject any new requests.
E. The choice "Force Shutdown Now" drops in-work requests.
Answer: B,D,E
Explanation:
Explanation/Reference:
Explanation:
B: select Force Shutdown Now to stop the server immediately without completing ongoing tasks.
D: Select When Work Completes to gracefully shut down the server
A graceful shutdown gives WebLogic Server subsystems time to complete certain application processing currently in progress.
Screenshot:

NEW QUESTION: 4
Refer to the exhibit.

An engineer must configure FCoE on a Cisco Nexus switch. Which two command sets complete this configuration? (Choose two.)

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

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