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NEW QUESTION: 1
Which of the following statements about dividend policy and capital structure is TRUE?
A. Monte Carlo simulation is used to estimate market risks; scenario analysis measures stand-alone risk.
B. Investors view a stock repurchase as a positive signal and a stock issue as a negative signal.
C. A diversified shareholder is most concerned with stand-alone risk.
D. A person who believes in the clientele effect and a proponent of the "bird-in-hand" theory would have similar views on dividend payout policy.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Investors view a stock repurchase as a positive signal and a stock issue as a negative signal. A repurchase may mean that management believes the stock is undervalued. To understand why a stock issue is viewed negatively, consider the following circumstances: A biotech company has a new blockbuster drug that will increase its profitability, but to produce and market the drug, the company needs to raise capital. If the company sells new stock, then as sales (and thus profits) occur, the price of the stock will rise. The current shareholders will do well but not as well as they would have had the company not sold more stock before the share price increased. Thus, it is assumed that management will prefer to finance growth with non-stock sources.
The other statements are false. A person who believes in the clientele effect and a proponent of the "bird- in-hand" theory would not have similar views on dividend policy. The clientele effect suggests that different groups of investors want different dividend levels (often based on tax status), and through the law of supply and demand, investors will select companies that meet their needs. Thus, dividend payout policy does not matter. According to the "bird-in-hand" theory, investors prefer dividends to capital appreciation because they view the former (D1/ P0) as less risky than the latter (g, or growth rate). Stand-alone risk is the company's individual, or unique, risk. An undiversified shareholder is concerned with stand-alone risk. A diversified shareholder is most concerned about undiversifiable, or systematic, risk. Both Monte Carlo simulation and scenario analysis are used to estimate stand-alone risk.

NEW QUESTION: 2
You create an asynchronous scenario. The message sequence must remain identical. Which Quality of Service must you use?
A. qRFC
B. Exactly Once in Order (EOIO)
C. Best Effort (BE)
D. Exactly Once (EO)
Answer: D

NEW QUESTION: 3
Which correctly represents the deployed RuleApp ruleset path template?
A. Ruleset/Ruleset_minor.Ruleset_major/RuleApp/RuleApp_minor.Ruleset_major
B. RuleApp/RuleApp_minor.RuleApp_major/Ruleset/Ruleset_minor.Ruleset_major
C. Ruleset/Ruleset_major.Ruleset_minor/RuleApp/RuleApp_major.Ruleset_minor
D. RuleApp/RuleApp_major.RuleApp_minor/Ruleset/Ruleset_major.Ruleset_minor
Answer: D
Explanation:
Explanation/Reference:
Reference: http://www.redbooks.ibm.com/redbooks/pdfs/sg248395.pdf (137)

NEW QUESTION: 4
In a forensic examination of hard drives for digital evidence, what type of user is most likely to have the most file slack to analyze?
A. one who has NTFS 4 or 5 partitions
B. one who uses dynamic swap file capability
C. one who uses hard disk writes on IRQ 13 and 21
D. one who has lots of allocation units per block or cluster
Answer: D