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NEW QUESTION: 1
Which option lists the types of card that fit into the front of the Cisco ASR 5000 chassis?
A. system management cards and packet service cards
B. line cards and application cards
C. gigabit Ethernet cards
D. fan cards and line cards
Answer: A
NEW QUESTION: 2
You develop an IoT solution by using Nodejs. The solution is ready to deploy to the production environment.
You must implement the device twin capabilities of Azure IoT Hub. You must register a sensor named Sensor00. The IoT Hub name is Hub01.
You need to register the endpoint with ContosoHub01 so that you can configure them from your solution.
Which four commands should you use to develop the solution? To answer, move the appropriate commands from the list of commands to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation
azextensionadd--nameazure-cli-iot-ext
NEW QUESTION: 3
View the Exhibit and examine, the description for the SALES and CHANNELS tables.
(Choose the best answer.)
You issued this SQL statement:
INSERT INTO SALES VALUES (23, 2300, SYSDATE,
(SELECT CAHNNEL_ID
FROM CHANNELS
WHERE CHANNEL_DESC='DIRECT SALES'), 12, 1, 500);
Which statement is true regarding the result?
A. The statement will fail because the VALUES clause is not required with the subquery.
B. The statement will execute and a new row will be inserted in the SALES table.
C. The statement will fail because a subquery cannot be used in a VALUES clause.
D. The statement will fail because the sub-query in the VALUES clause is not enclosed within single quotation marks.
Answer: B
NEW QUESTION: 4
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.
Consider the current U.S. dollar to C$ ($/C$) spot exchange rate. Suppose that after one year, the nominal spot $/C$ exchange rate is 0.350. The most likely impact on Slapshot's valuation from the $/C$ exchange rate change is the:
A. C$ has depreciated in real terms, and the firm will be more competitive in the U.S. market, leading to a higher valuation.
B. value of the C$ has not changed in real terms, so there should be no real impact on the firm's valuation.
C. C$ has appreciated in real terms, and the firm will be less competitive in the U.S. market, leading to a lower valuation.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Since the beginning-of-period $/C$ spot exchange rate is not given directly, we must calculate it from the
£/$ and £/C$ quotes. Dividing £/C$ by £/$ gives a rate for the $/C$ exchange rate of 0.5. Next we need to determine whether there was any real change in the exchange rate during the year. Inflation in the United States is 2%, and inflation in Canada is 7% (remember that inflation is perfectly predictable). The 5% inflation differential means that to maintain parity, the C$ must depreciate by 5%. If the C$ depreciates by
5%, the new exchange rate would be 0.5(1 - 0.05) = 0.475. Since the end-of-period rate is less than what was expected given the inflation differential, the real value of the C$ has decreased. Hence, the firm should have a higher value because it is primarily an exporter, and exporters are helped by real domestic currency depreciation. (Study Session 18, LOS 66.e,m)
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