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NEW QUESTION: 1
What should customers be encouraged to do first if they are thinking about moving platforms?
A. Cancel their support contracts
B. Ask for a price for their target servers.
C. Move applications before databases.
D. Assess their individual requirements.
Answer: B

NEW QUESTION: 2
Nigel Holmes, CFA, is an investment manager for a small money management firm in London. All of Holmes' clients are citizens of the U.K. Holmes urges all of his clients to maintain internationally diversified portfolios. In his efforts to find undervalued securities, he is currently analyzing a Canadian company called Slapshot, Inc. Slapshot produces hockey equipment at its Canadian manufacturing facilities. About 85% of Slapshot's sales are to the U.S. market, and the remainder are domestic (i.e., in Canada). Sales have been growing at 12% per year. Last year's sales were C$68,000,000. Holmes has gathered the following market information (inflation is perfectly predictable):
* £/$ spot exchange rate = 0.8
* £/C$ spot exchange rate = 0.4
* U.K. risk-free rate = 6%
* U.K. expected inflation rate = 4%
* Canadian risk-free rate = 9%
* Canadian expected inflation rate = 7%
* U.S. risk-free rate = 4%
* U.S. expected inflation = 2%
Holmes uses the international CAPM (ICAPM) to value international investments. For Slapshot, Holmes believes that the stock's returns are sensitive to the £/C$ exchange rate. In order to apply the model, he estimates the following parameters using the £ as the base currency:
* World market risk premium = 6%
* Sensitivity of Slapshot to the world market = 1.2
* Sensitivity of Slapshot to changes in the £/C$ exchange rate = 1.4
* Holmes' expectation for the depreciation of the C$ against the £ = 2%
* The ratio of the price of the U.K. consumption basket to the Canadian consumption basket is 0.3.
Holmes adds Slapshot stock to several client portfolios at a purchase price of C$ 100. One year later, the stock is trading at C$ 122. There were no dividend payments during the year.
Suppose the C$ suddenly depreciates by 10% against the £. Given his estimated parameters, what is most likely to happen to the CAD value of Slapshot in response to this sudden exchange rate change?
A. Local currency value would be unchanged.
B. Local currency value would fall by 4%.
C. Local currency value would fall by 10%.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The sensitivity of Slapshot returns to changes in the £/C$ exchange rate is 1.4. The sensitivity is a function of the CAD reaction; specifically, the sensitivity of the currency return is equal to y(CAD) + 1 (recall that y is the sensitivity measure). Since y = 1.4, y(CAD) must be 0.4. This means that the CAD value of Slapshot changes by 40% of the amount of the currency change. Hence, if the C$ suddenly depreciates by 10%, the CAD value of the firm falls by 4%. (Study Session 18, LOS 66.1)

NEW QUESTION: 3
You have been asked to deploy a single, 4 node VxRail cluster for company. They would like to migrate from their existing vSphere 6.5 environment. They have also asked that vCenter Enhanced linked-mode be supported.
Based on best practice, what is the recommended deployment model?
A. Deploy Internal vCenter with Embedded PSC
B. Use existing vCenter 6.5 with External PSC
C. Deploy Internal vCenter with External PSC
D. Use existing vCenter 6.5 with Embedded PSC
Answer: B
Explanation:
Explanation/Reference:

NEW QUESTION: 4

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