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NEW QUESTION: 1
Refer to the exhibit. The wireless engineer has deployed the Cisco 5508 Wireless Controller. The controller is responding on the service port; however, it will not respond on the management interface.
Which configuration revision will fix the management interface?
A. On the switch interface, configure switch(config-if)#switchport trunk allowed vlan add 10.
B. On the WLC management interface, disable LAG on the management network.
C. On the switch interface, configure switch(config-if)#switchport trunk allowed vlan 10.
D. On WLC Controller > General, disable LAG and reboot.
E. On the switch interface, configure no spanning-tree portfast trunk.
F. On the WLC management interface, change the VLAN ID to 20.
Answer: A
NEW QUESTION: 2
You have configured a Cisco Unity Express server that uses the G.711 codec. You want to send outbound messages in a format that uses lower bandwidth. However, you want to keep the quality of the incoming message high. Which two tasks should you perform? (Choose two.)
A. Keep the incoming messages as G.711.
B. Convert the outgoing messages to G.726.
C. Convert the outgoing message to 64 kb/s using G.729a.
D. Store the message using the original codec, but convert it to 64 kb/s for outgoing.
E. Convert the incoming messages to G.729a.
F. Send the outgoing messages in the G.711 format.
Answer: A,B
NEW QUESTION: 3
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1
Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2
Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations
GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Assuming Kiley feels that the Utilities Sector is overvalued now, the largest active weight that Kiley can apply to the Utilities sector is:
A. 0%.
B. 3%.
C. -3%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The most extreme negative decision that a long-only manager can make is to drop the allocation to the sector to zero. The active weight is the difference between the manager's allocation and the benchmark allocation: 0 - 3% = -3%. (Study Session 11, LOS 33.m)