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NEW QUESTION: 1
A set of tables are defined as follows:
t1
t2
How many rows are returned by executing the following SQL statement?
SELECT * FROM t1
WHERE EXISTS (SELECT name FROM t2 WHERE t1.id = t2.id);
A. 2 rows
B. 0 rows
C. 6 rows
D. 3 rows
E. 5 rows
Answer: A
NEW QUESTION: 2
Dan Draper, CFA is a portfolio manager at Madison Securities. Draper is analyzing several portfolios which have just been assigned to him. In each case, there is a clear statement of portfolio objectives and constraints, as welt as an initial strategic asset allocation. However, Draper has found that all of the portfolios have experienced changes in asset values. As a result, the current allocations have drifted away from the initial allocation. Draper is considering various rebalancing strategies that would keep the portfolios in line with their proposed asset allocation targets.
Draper spoke to Peter Sterling, a colleague at Madison, about calendar rebalancing. During their conversation, Sterling made the following comments:
Comment 1: Calendar rebalancing will be most efficient when the rebalancing frequency considers the volatility of the asset classes in the portfolio.
Comment 2: Calendar rebalancing on an annual basis will typically minimize market impact relative to more frequent rebalancing.
Draper believes that a percentage-of-portfolio rebalancing strategy will be preferable to calendar rebalancing, but he is uncertain as to how to set the corridor widths to trigger rebalancing for each asset class. As an example, Draper is evaluating the Rogers Corp. pension plan, whose portfolio is described in Figure 1.

Draper has been reviewing Madison files on four high net worth individuals, each of whom has a $1 million portfolio. He hopes to gain insight as to appropriate rebalancing strategies for these clients. His research so far shows:
Client A is 60 years old, and wants to be sure of having at least $800,000 upon his retirement. His risk tolerance drops dramatically whenever his portfolio declines in value. He agrees with the Madison stock market outlook, which is for a long-term bull market with few reversals.
Client B is 35 years old and wants to hold stocks regardless of the value of her portfolio. She also agrees with the Madison stock market outlook.
Client C is 40 years old, and her absolute risk tolerance varies proportionately with the value of her portfolio. She does not agree with the Madison stock market outlook, but expects a choppy stock market, marked by numerous reversals, over the coming months.
indicate whether Sterling's comments related to calendar rebalancing are correct or incorrect.
A. Both comments are correct.
B. Only comment 2 is correct.
C. Only comment 1 is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Comment 1 is correct. The success of a calendar rebalancing strategy will depend in large part on whether the rebalancing frequency is appropriate to the volatility of the component asset classes. If volatility is high (or rebalancing infrequent), the asset mix can drift to the point where rebalancing could create a market impact, thus increasing the cost of rebalancing dramatically. If volatility is low (or rebalancing too frequent), the portfolio could incur numerous costly small trades to achieve minor adjustments in the asset mix.
Comment 2 is incorrect. Annual rebalancing is most likely too infrequent. The asset mix may well drift far enough over a year s time to necessitate large trades to rebalance. These trades would increase market impact. Market impact will be lower with more frequent rebalancing. (Study Session 16, LOS 46.e)
NEW QUESTION: 3
The administrator for SFB Industries would like to deploy a custom object and fields to an unrelated Org. What is the best way to do this using declarative functionality?
A. Force.com IDE
B. Change Sets
C. Force.com Migration Tools
D. Unmanaged package
Answer: D
NEW QUESTION: 4
Refer to the exhibit.

Which statement about the topology is true?
A. Traffic to and from LAN clients is sent through the master router only.
B. If Router A fails, the highest interface IP address backup router becomes the master.
C. Multiple VRRP groups are configured on each router.
D. Clients 1, Client 2, and Client 3 are configured to have the default gateway IP address of 10.0.0.1.
Answer: A