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NEW QUESTION: 1
There are six common scenarios for solution manager, they are: (Select any six)
A. Implement Sap Solutions
B. Upgrade SAP solutions
C. Manage Change Requests
D. Monitor Sap Solutions
E. Manage the Service Desk
F. E-Learning Management
G. Link to SAP services
Answer: A,B,C,D,E,G

NEW QUESTION: 2
Which three configuration tasks will vertically scale a Business Objects Enterprise installation? (Choose three.)
A. Add another Crystal Reports Page Server service to an existing dedicated Web Intelligence Reports Server machine that has unused capacity.
B. Upgrade an existing Business Objects Enterprise server machine with more RAM and faster hard drives.
C. Create an additional Crystal Reports Job Server on the same quad-processor computer.
D. Install another Crystal Reports Job Server and Crystal Reports Cache Server on a new server machine.
Answer: A,B,C

NEW QUESTION: 3



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

NEW QUESTION: 4
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources

Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Concerning the Sumatra Natural Resources price and execution data, the average effective spread and weighted average effective spread are closest to.
Average effective spread Weighted average effective spread
A. 0.1975 0.1957
B. 0.1957 0.1975
C. 0.0971 0.0908
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The quoted spread for the first trade = 22.36 - 22.18 = 0.18. The quoted spreads for the remaining three trades are 0.20, 0.19, and 0.26, so the average quoted spread * (0.18 + 0.20 + 0.19 + 0.26) / 4 = 0.2075.
The mid-quote for the first trade = (22.36 + 22.18) / 2 - 22.27, and the effective spread = (22.33 - 22.27) x 2
= 0.12. The effective spreads for the remaining three trades are 0.20, 0.17, and 0.30, so the average effective spread = (0.12 + 0.20 + 0.17 + 0.30) / 4 = 0.1975.
The weighted average effective spread = (900 / 3,000) x 0.12 + (600 / 3,000) x 0.20 + (700 / 3,000) x 0.17
+ (800 / 3,000) x 0.30 - 0.1957. (Srudy Session 16, LOS 45.b)

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