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- Exam Code: D-PST-MN-A-01
- Exam Name: Dell PowerStore Maintenance Achievement v2
- Version: V12.35
- Q & A: 70 Questions and Answers
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NEW QUESTION: 1
The previous system administrator at your company used to rely heavily on email lists, such as vendor lists and Bug Traq to get information about updates and patches. While a useful means of acquiring data, this requires time and effort to read through. In an effort to speed things up, you decide to switch to completely automated updates and patching. You set up your systems to automatically patch your production servers using a cron job and a scripted apt-get upgrade command. Of the following reasons, which explains why you may want to avoid this plan?
A. Relying on vendor and 3rd party email lists enables updates via email, for even faster patching
B. The command apt-get upgrade is incorrect, you need to run the apt-get update command
C. Automated patching of production servers without prior testing may result in unexpected behavior or failures
D. The apt-get upgrade command doesn't work with the cron command because of incompatibility
Answer: B
NEW QUESTION: 2
This question requires that you evaluate the underlined text to determine if it is correct.
If you need to make storage space available for an update on a Windows Phone 8.1 device, you should use
"Action Center" to move installed programs to and other data from the phone to the SD card.
Instructions: Review the underlined text. If it makes the statement correct, select "No change is needed". If the statement is incorrect, select the answer choice than makes the statement correct.
A. Storage Sense
B. File Explorer
C. Phone Update
D. No change is needed
Answer: A
Explanation:
Explanation
To uninstall apps and games or move them to an SD card using Storage Sense You can uninstall apps and games to free up space on your phone, or move them to an SD card (if you have one installed).
1. In the App list, go to Storage Sense Storage Sense Tile.
2. Go to Phone > Apps+games.
3. Tap an app or game file, and then tap Uninstall or Move to SD.
NEW QUESTION: 3
While meeting to discuss future upgrade options, the customer asks the System z Sales Specialist to see an LSPR comparison of their current processor to a new processor. Which of the following IBM workstation tools would the sales specialist be able to show the customer to present the differences?
A. eConfig
B. SCRT
C. ZCP3000
D. zPCR r
Answer: C
NEW QUESTION: 4
Consider the following transactional information for the investment account of an underwriting syndicate:
1 st Quarter Ending portfolio value: $50,800,000 Total amount invested: $46,100,000
2 nd Quarter Ending portfolio value: $51,100,000 Total amount invested: $50,800,000
3 rd Quarter Ending portfolio value: $51,000,000 Total amount invested: $51,100,000
4 th Quarter Ending portfolio value: $54,500,000 Total amount invested: $50,000,000
Using this information, what is the annual time-weighted rate of return for this portfolio? Assume no taxes or transaction charges.
A. 22.14% per year
B. 20.59% per year
C. 19.59% per year
Answer: B
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 sub-periods based on the dates of cash inflows and outflows.
Step 2:Calculate the holding period return for each sub-period.
Step 3:Determine the annualized holding period return by linking or compounding the holding period return of each sub-period. 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 sub-period 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 subsequent 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 sub-period. This process is detailed as follows:
Quarter 1 holding period return = [($50,800,000 ending value - $46,100,000 invested) / $46,100,000 invested] = 10.19523%
Quarter 2 holding period return = [($51,100,000 ending value - $50,800,000 invested) / $50,800,000 invested] = 0.59055%
Quarter 3 holding period return = [($51,000,000 ending value - $51,100,000 invested) / $51,100,000 invested] = (0.1957%)
Quarter 4 holding period return = [($54,500,000 ending value - $50,000,000 invested) / $50,000,000 invested] = 9.00%
Now that the holding period return for each sub-period has been determined, we must annualize the return measure by taking the product of all four quarterly returns. This process is illustrated below:
[(1 + .10195) * (1 + .00591) * (1 - .00196) * (1 + .09) - 1] = .2059 or 20.59%
When calculating the time-weighted rate of return, remember that the total amount invested is the relevant figure, not the beginning portfolio value. Notice that during the fourth quarter, the total amount invested does not equal the ending amount for the third quarter. This differential could be explained by numerous phenomena. Perhaps the difference is due to a cash withdrawal from the account. Maybe it was used to pay expenses or meet an outstanding margin call. What is important to note is the fact that this money was not invested, and should not be included in the holding period return for the fourth quarter. So said, whenever possible you should use the total amount invested rather than the beginning portfolio value in the calculation of the sub-period holding period return. If you chose 19.59%, remember that in the calculation of the time-weighted rate of return, it is the geometric mean that is used rather than the arithmetic mean.
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