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NEW QUESTION: 1
Amie Lear, CFA, is a quantitative analyst employed by a brokerage firm. She has been assigned by her supervisor to cover a number of different equity and debt investments. One of the investments is Taylor, Inc. (Taylor), a manufacturer of a wide range of children's toys. Based on her extensive analysis, she determines that her expected return on the stock, given Taylor's risks, is 10%. In applying the capital asset pricing model (CAPM), the result is a 12% rate of return.
For her analysis of the returns of Devon, Inc. (Devon), a manufacturer of high-end sports apparel, Lear intends to use the Fama-French model (FFM). Devon is a small-cap growth stock that has traded at a low market-to-book value in recent years. Lear's analysis has provided a wealth of quantitative information to consider. The return on a value-weighted market index minus the risk-free rate is 5.5%, the small-cap return premium is 3.1%, the value return premium is 2.2%, and the liquidity premium is 3.3%. The risk-free rate is 3.4%. The market, size, relative value, and liquidity betas for Devon are 0.7, -0.3, 1.4, and 1.2, respectively. In estimating the appropriate equity risk premium, Lear has chosen to use the Gordon growth model.
Lear's assistant, Doug Saunders, presents her with a report on macroeconomic multifactor models that includes the following two statements:
Statement 1: Business cycle risk represents the unexpected change in the difference between the return of risky corporate bonds and government bonds.
Statement 2: Confidence risk represents the unexpected change in the level of real business activity.
Lear is also attempting to determine the most appropriate method for determining the required return for Densmore, Inc. (Densmore), a closely held company that is considering a debt issue within the next year.
The company has not previously issued debt securities to the public, relying instead on bank financing.
She realizes that there are a number of models to consider, including the CAPM, multifactor models, and build-up models.
Are Saunders' statements regarding the macroeconomic multifactor models correct?
A. Both statements are incorrect.
B. Only Statement 2 is correct.
C. Only Statement I is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Neither of Saunder's statements is correct. Confidence risk represents the unexpected change in the difference between the return of risky corporate bonds and corporate bonds. Business cycle risk represents the unexpected change in the level of real business activity. (Study Session 10, LOS 35.d)

NEW QUESTION: 2
During Synergy solution on boarding, the customer asks about a firmware overview of all the compute modules at once. Click where you can access the information.

Answer:
Explanation:

NEW QUESTION: 3
Lenoxsoftデータベースには、割り当てられていないプロスペクトが多数あります。
60日。見込み客が100のスコアに達すると、見込み客を割り当てるように自動化ルールが設定されています。見込み客が割り当てられないようにするために、どのような自動ワークフローを作成できますか？
A. 見込み客が60日間アクティブになっていない場合は、見込み客のスコアを0に調整する時間に基づいて自動化ルールを作成します
B. 見込み客がアクティブになっていない場合は、見込み客の時間に基づいて動的リストを作成し、スコアを0に調整します。
60日。
C. 見込み客が60日間アクティブになっていない場合は、見込み客のスコアを0に調整する時間に基づいてセグメンテーションルールを作成します。
D. 見込み客の時間に基づいて完了アクションを作成し、60日間アクティブになっていない場合は、スコアを0に調整します。
Answer: A

NEW QUESTION: 4
ステートメントは本当です。それ以外の場合は、[いいえ]を選択します。注：正しい選択はそれぞれ1ポイントの価値があります。

Answer:
Explanation:

Explanation