Exam Code: H19-335_V2.0
Exam Name: HCSP-Presales-Transmisson & Access V2.0
Total Questions: 137 Q&A
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NEW QUESTION: 1
A customer is evaluating POWERS and competitive servers to run multiple workloads in a
What should be emphasized in the Executive Summary of a proposal?
A. Acquisition cost details
B. Faster processors reduce software licensing expenses
C. Energy consumption report details
D. Ability to run AIX. LINUX, and IBM i applications concurrently.
NEW QUESTION: 2
You detect a coverage hole in some part of the network. After troubleshooting, you find out that the Cisco
3702i AP is not using all of its transmission power, and hence is not using the 4x4 spatial stream.
Which cause of the problem is true?
A. The upstream switch is not PoE-capable.
B. The AP antennas have been damaged.
C. The PoE source is not injecting the adequate quantity of power.
D. The AP is not 4x4-capable.
NEW QUESTION: 3
Your network consists of three Active Directory forests. Forest trust relationships exist between all forests. Each forest contains one domain. All domain controllers run Windows Server 2008 R2.
Your company has three network administrators. Each network administrator manages a forest and the Group Policy objects (GPOs) within that forest.
You need to create standard GPOs that the network administrators in each forest will use. The GPOs must meet the following requirements:
The GPOs must only contain settings for either user configurations or computer configurations.
The number of GPOs must be minimized.
Which two actions should you perform? (Each correct answer presents part of the solution. Choose two.)
A. Export the new GPOs to .cab files. Ensure that the .cab files are available to the network administrator in each forest.
B. Back up the Sysvol folder that is located on the domain controller where the new GPOs were created. Provide the backup to the network administrator in each forest.
C. Create two new GPOs. Configure both GPOs to use the required user configurations and the required computer configurations.
D. Create two new GPOs. Configure one GPO to use the required user configuration. Configure the other GPO to use the required computer configuration.
GROUP POLICY OBJECT EXPORT & IMPORT
1.GUI - Group Policy Management (only for Starter GPO)
Backup-GPO [-Name] <string> -Path <string> [-Comment <string>] [-Domain <string>] [-Server <string>] [<CommonParameters>]
Import-GPO -BackupId <Guid> [-TargetGuid <Guid>] [-TargetName <string>] -Domain <string> [-CreateIfNeeded] [-MigrationTable <string>] [-Path <string>] [-Server <string>] [<CommonParameters>]
NEW QUESTION: 4
Lucy Sakata, CFA and Gary Lowenstein, CFA are portfolio managers for the Murray Funds, a provider of investment funds to institutional and wealthy individual investors. Murray frequently indexes in developed markets, but uses full blown active management in less efficient markets and when they think their analysts have a particular expertise. The vast majority of Murray's clients attempt to minimize tracking error.
One of the Murray's funds invests in a Hong Kong index and is marketed as a way for investors to participate in the growth of the Asian economies. The index represents the best known Hong Kong stocks and Murray uses a full replication strategy for the fund. The index is a market cap-weighted index and ten firms represent over 70% of the index's total market cap_Sakata would like to market the Hong Kong fund to institutions with a required minimum investment of $50 million. Many potential clients are institutions who outsource their foreign equity management and are subject to maximum holdings on individual stocks.
Murray also has a Canada fund that invests in an index which represents the 25 largest cap stocks in Canada. It is marketed as a way for investors to exploit the growth in demand for commodities. The index adjusts for stock splits and repurchases as necessary. Most of the index's return has come from capital gains, rather than dividends, due to the tremendous increase in global demand for commodities. To encourage long-term holding, Murray places a back-end load of 3% on fund redemptions that are made within two years of initial investment.
Sakata and Lowenstein discuss the fundamental law of active management and how it applies to three hypothetical managers who invest against the broad large-cap U.S. market, as represented by the S&P
* Manager A under-weights and over-weights the 500 individual stocks of the S&P 500 index as she sees appropriate, keeping industry exposures similar to those of the index. She has an information coefficient of
0.05 and is restricted to long-only positions.
* Manager B holds cash and long S&P 500 futures. He tries to generate excess returns by altering the duration of the cash position and has an information coefficient of 0.05.
* Manager C has an information coefficient of 0.07, and she uses a long-short strategy for the 500 stocks in the S&P 500 index.
Sakata is consulting with the trustees of the Powell Foundation. The foundation has a position in the three Murray funds described in Exhibit 1 below.
Exhibit 1: Powell Foundation Holdings
Murray has a value fund that invests in stocks in the U.S. Lowenstein is considering several equity style index providers as a benchmark for the fund. The characteristics of the index providers and the methodologies they use to construct equity style indices are described in Exhibit 2 below.
Exhibit 2: Comparison of Index Providers
In regard to the index providers, Lowenstein makes the following statements:
Statement 1: "I would like to use the indices from either provider in a returns-based style analysis. Based on the information in the table, I believe that if I regress a value manager's returns against Provider B's indices, the manager's selection return will appear artificially large." Statement 2: "If an index provider uses buffering rules, a fund tracking that index will experience lower transactions costs." Determine which of the following strategies would be the most appropriate for constructing the Canada fund.
B. Stratified sampling.
C. Full replication.
Murray should use full replication. Full replication is appropriate when there are few stocks in the index, the index stocks are liquid, and the manager has significant funds to invest. The advantage of replication is that there is low tracking risk (tracking error) and the portfolio only needs to be rebalanced when the index stocks change or pay dividends. There are only 25 large-cap stocks in the index and Murray's institutional investors want low tracking error.
Most of the index returns are from capital gains, so the transactions costs from reinvesting dividends will be relatively low. Note that cash drag, experienced when a fund sets aside cash for shareholder redemptions, should be relatively low for the Canada fund due to the back end load.
Stratified sampling and optimization are more appropriate when the number of stocks in the index is large and/or the stocks are illiquid. (Study Session 11, LOS 33.f)