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NEW QUESTION: 1
After the smart migration configuration is complete, you add the LUN ID and data volume ID of the source LUN at the start of the migration to 1 and 2 respectively, and specify the LUN ID of the target LUN. And data volume ID named 3 and 4. Whenthe migration is complete, the LUN ID and data volume ID of the source LUN and the target LUN are:
A. Source LUNs: 2 and4Target LUNs: 1 and 3
B. Source LUNs: 3 and 1Target LUNs: 4 and 2
C. Source LUNs: 1 and 3Target LUNs: 2 and 4
D. Source LUNs: 1 and 4Target LUNs: 3 and 3
Answer: D
NEW QUESTION: 2
The amortization of intangible assets with finite useful lives is justified by the:
A. Monetary unit assumption
B. Historical cost assumption
C. Going concern assumption.
D. Economic entity assumption.
Answer: C
Explanation:
Every business is assumed to be a going concern that will continue operating indefinitely. Thus liquidation values are not important. For example if an entity is not a going concern, its intangible assets are reported at liquidation values, not at historical cost net of amortization.
NEW QUESTION: 3
A stock that pays no dividends is trading at $100 spot or $104 as a three month forward. The interest rate you can borrow at is 6% per annum. US treasury yields are 4% per annum. What should you do to profit in the situation?
A. It is not possible to profit from the situation
B. Sell the stock and buy the forward
C. Buy the forward and also buy the stock
D. Buy the stock and sell the forward
Answer: D
Explanation:
Explanation
Since the stock is selling for $100 spot, its 3 month forward price for you would be $100*(1 + 6%*3/12) =
$101.50. Since the forward is priced at $104, it is 'rich' compared to the spot and should be sold. A profitable trade would be to buy the spot and sell the forward.
Imagine you borrow $100 and buy the stock, and simultaneously sell the forward. At the end of 3 months, you will receive $104 in return from the forward, and be obliged to return the initial $100 borrowed together with interest of $1.50 for the three months. You would make a riskless profit of $2.50 per share in three months.
Thus Choice 'c' is the correct answer.
Note that the treasury yield is irrelevant, what matters is the rate at which you can finance the trade which is
6% per annum.
NEW QUESTION: 4
HOTSPOT
Click in the screen below to show your appreciation for the Digital Marketing Institute Facebook Business page:
Answer:
Explanation:
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