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NEW QUESTION: 1
The network team at a university, which has on-campus residences, recently expanded the WiFi offerings to the dormitories. Each dormitory houses approximately 75 students, who each have multiple wireless devices. The WLAN utilizes an intelligent wireless controller for configuration and management. While the WiFi in academic buildings continues to receive few to no complaints, dormitory complaints are on the rise. Which of the following is MOST likely causing the complaints?
A. Channel overlap
B. Frequency mismatch
C. Crosstalk
D. Interference
Answer: B

NEW QUESTION: 2
Sharon Foster, 56, is an executive at a large Biotech firm. Foster plans to retire in five years, to travel and spend time with her grandchildren. Foster is in excellent health, although her husband died several years ago. Foster's only significant asset is her employer's 401(k) retirement plan. Her salary is more than adequate to cover her living expenses until she retires, but she does not anticipate that she will accumulate any additional savings beyond her retirement account. The balance in her account currently is $3.2 million, but Foster estimates that by the time she retires the account will have grown to $4.5 million. She expects that her pretax living expenses, including a liberal travel budget, will be $150,000 per year, beginning when she retires. She is willing to take risk to achieve her financial goals. Her retirement account is currently invested 80% in stocks and 20% in bonds. Foster estimates her post-retirement income tax rate to be 35%, which is about the same as her current tax rate.
As she is starting to plan her retirement, Foster has turned to her longtime friend, Don Welch, CFA, who is a portfolio manager at Scientific Investments, LLC. Welch is considering three different mutual funds for Foster's account. All three are well-diversified funds of large capitalization stocks. The expected returns and standard deviations of each fund are shown below in Exhibit 1. Welch assumes a risk-free rate of return of 3.0%.

Welch believes in stock market efficiency, but he also believes that individual securities are mispriced by the market from time to time. He has recently reviewed research related to the Treynor-Black (TB) model of security selection and portfolio optimization. Welch refers to a prospectus from Fund D, which uses the TB framework in developing its portfolios. In discussing their use of the TB model, the prospectus cites an example where an active portfolio of five stocks is combined with a passive, index portfolio. The portfolio weights of the stocks are in Exhibit 2.

Welch further notes that the beta of the active portfolio is 0.90, although the standard deviation of the portfolio's returns is high. Of the five stocks shown in the portfolio, three have positive alphas, and two have negative alphas. A footnote to the sample data states that the sample assumes that the analysts* alpha forecasts are perfect.
Welch is reviewing Foster's account, together with the mutual fund data, in an attempt to develop a long- term investment plan for Foster.
In evaluating the Fund D prospectus, Welch was concerned about the large weightings of the individual securities, as well as the relatively low beta of the active portfolio. Which of the following statements best describes the effects of these large asset weights and the low beta of the active portfolio?
A. The large asset weights are required to offset the low relative returns of the market portfolio, while the low beta represents the combination of long and short positions in the active portfolio.
B. The large asset weights, either positive or negative, are a result of combining long and short positions in the active portfolio, while the low beta reflects that the active portfolio is well diversified before being combined with the market portfolio.
C. The large asset weights will fall to reasonable levels as the active and passive portfolios are combined- and the low beta indicates a higher potential gain from the diversification benefits of the market portfolio.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The asset weights given are relative to the active portfolio only. Typically in a TB framework, these weights will fall dramatically as the active portfolio is combined with the market portfolio. The weights relative to the overall portfolio should be reasonable. The low beta of the active portfolio probably indicates a high level of diversifiable risk in the active portfolio, which can be diversified away with the addition of the market portfolio. (Study Session 18, LOS 67.b)

NEW QUESTION: 3
Refer to the exhibit.

What is the effect of this configuration?
A. An LSP virtual interface tunnel is created.
B. The mroute table is cleared.
C. A Cisco MPLS TE tunnel is generated with 192.168.1.2 as the source IP address of router 1.
D. Router 1 accepts multicast routes with a tag of 12:1
Answer: D