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NEW QUESTION: 1
What type of object are recorded in customizing change requests?
A. Client independent
B. Versions
C. System Wide
D. Client specific
Answer: D

NEW QUESTION: 2
Consider the following transactional information for the investment account of a retail investor:
1st Quarter
Ending portfolio value: $65,000
Total amount invested: $59,000
2nd Quarter
Ending portfolio value: $63,500
Total amount invested: $65,000
3rd Quarter
Ending portfolio value: $60,900
Total amount invested: $63,500
4th Quarter
Ending portfolio value: $57,200
Total amount invested: $60,900
Using this information, what is the annual time-weighted rate of return for this portfolio? Assume no taxes or transaction charges.
A. 2.59% per year
B. (3.05%) per year
C. The calculation of the time-weighted rate of return cannot be calculated from the information provided
D. (3.27%) per year
E. (4.56%) per year
F. None of these answers
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The time-weighted rate of return is the preferred method of return calculation in the investment management industry, primarily because this method is not sensitive to significant additions and withdrawals of funds from portfolios under examination. The calculation of the time-weighted rate of return involves three steps, which are illustrated as follows:
Step 1:
Price the portfolio immediately prior to any significant additions or withdrawals. Separate the portfolio into a series of subperiods based on the dates of cash inflows and outflows.
Step 2:
Calculate the holding period return for each subperiod.
Step 3:
Determine the annualized holding period return by linking or compounding the holding period return of each subperiod. If the investment is for more than one year, use the geometric mean of the annual returns as the time-weighted rate of return. If the investment is for less than one year, compound the subperiod returns to obtain an annualized measurement.
To begin the process of determining the time-weighted rate of return, we would break the portfolio up into the following series of cash flows. However, in this example, the cash flows are already aggregated for us and we can move on to the next step: determining the holding period return for each subperiod. This process is detailed as follows:
Quarter 1 holding period return = [($65,000 ending value - $59,000 invested) / $59,000 invested]
10.169%
Quarter 2 holding period return = [($63,500 ending value - $65,000 invested) / $65,000 invested] = (2.308%) Quarter 3 holding period return = [($60,900 ending value - $63,500 invested) / $63,500 invested] = (4.094
%)
Quarter 4 holding period return = [($57,200 ending value - $60,900 invested) / $60,900 invested] = (6.076%) Now that the holding period return for each subperiod has been determined, we must annualize the return measure by taking the product of all four quarterly returns. This process is illustrated below:
[(1 + .10169) * (1 - .02308) * (1 - .04094) * (1 - .06076) - 1] = (.0305) or (3.05%) When calculating the time-weighted rate of return, remember that the total amount invested is the relevant figure, not the beginning portfolio value. So said, whenever possible you should use the total amount invested rather than the beginning portfolio value in the calculation of the subperiod holding period return.

NEW QUESTION: 3
You are creating a Windows Communication Foundation (WCF) service. You do not want to expose the internal implementation at the service layer. You need to expose the following class as a service named Arithmetic with an operation named Sum. public class Calculator {
public int Add(int x, int y)
{
}
}
Which code segment should you use?
A. [ServiceContract(ConfigurationName="Arithmetic")] public class Calculator {
[OperationContract(Action="Sum")]
public int Add(int x, int y)
{
...
}
}
B. [ServiceContract(Namespace="Arithmetic")] public class Calculator {
[OperationContract(Action="Sum")]
public int Add(int x, int y)
{
...
}
}
C. [ServiceContract(Name="Arithmetic")] public class Calculator {
[OperationContract(Name="Sum")]
public int Add(int x, int y)
{
...
}
}
D. [ServiceContract(Name="Arithmetic")] public class Calculator {
[OperationContract(ReplyAction="Sum")]
public int Add(int x, int y)
{
...
}
}
Answer: C

NEW QUESTION: 4
You work as a Network Administrator for Net World Inc. The company has a Linux-based network. For testing purposes, you have configured a default IP-table with several filtering rules. You want to reconfigure the table. For this, you decide to remove the rules from all the chains in the table. Which of the following commands will you use?
A. IPTABLES -A
B. IPTABLES -D
C. IPTABLES -h
D. IPTABLES -F
Answer: D

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