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NEW QUESTION: 1
A closed-end investment company
A. operates like any other public firm; its stock trades on the secondary market, and the price of the stock is determined by supply and demand. Most closed-end investment companies do not offer more shares or repurchase shares after the initial public offerings.
B. is a type of mutual fund. Most closed-end mutual funds continue to sell and repurchase shares after their initial public offerings. They sell shares at the net asset value with or without sales charges, and repurchase shares at the net asset value with or without redemption fees.
C. continues to sell and repurchase shares after their initial public offerings. It sells shares at the net asset value with or without sales charges, and repurchases shares at the net asset value plus a redemption fee.
D. is a type of mutual fund. It operates like any other public firm; its stock trades on the secondary market, and the price of the stock is determined by supply and demand. Most closed-end investment companies do not offer more shares or repurchase shares after the initial public offerings.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The only way to invest in a typical closed-end investment company after its initial public offering is to purchase its shares on the secondary market. Many such companies trade their shares on the NYSE.
Over the long-run, shares of closed-end investment companies tend to trade at a 5 to 20% discount to their net asset value (NAV).

NEW QUESTION: 2
Note: This question is part of a series of questions that use the same scenario. For your convenience, the scenario is repeated in each question. Each question presents a different goal and answer choices, but the text of the scenario is exactly the same in each question in this series.
Start of repeated scenario.
You have five servers that run Microsoft Windows 2012 R2. Each server hosts a Microsoft SQL Server instance. The topology for the environment is shown in the following diagram.

You have an Always On Availability group named AG1. The details for AG1 are shown in the following table.

Instance1 experiences heavy read-write traffic. The instance hosts a database named OperationsMain that is four terabytes (TB) in size. The database has multiple data files and filegroups. One of the filegroups is read_only and is half of the total database size.
Instance4 and Instance5 are not part of AG1. Instance4 is engaged in heavy read-write I/O.
Instance5 hosts a database named StagedExternal. A nightly BULK INSERT process loads data into an empty table that has a rowstore clustered index and two nonclustered rowstore indexes.
You must minimize the growth of the StagedExternal database log file during the BULK INSERT operations and perform point-in-time recovery after the BULK INSERT transaction. Changes made must not interrupt the log backup chain.
You plan to add a new instance named Instance6 to a datacenter that is geographically distant from Site1 and Site2. You must minimize latency between the nodes in AG1.
All databases use the full recovery model. All backups are written to the network location \\SQLBackup\. A separate process copies backups to an offsite location. You should minimize both the time required to restore the databases and the space required to store backups. The recovery point objective (RPO) for each instance is shown in the following table.

Full backups of OperationsMain take longer than six hours to complete. All SQL Server backups use the keyword COMPRESSION.
You plan to deploy the following solutions to the environment. The solutions will access a database named DB1 that is part of AG1.
* Reporting system: This solution accesses data inDB1with a login that is mapped to a database user that is a member of the db_datareader role. The user has EXECUTE permissions on the database. Queries make no changes to the data. The queries must be load balanced over variable read-only replicas.
* Operations system: This solution accesses data inDB1with a login that is mapped to a database user that is a member of the db_datareader and db_datawriter roles. The user has EXECUTE permissions on the database. Queries from the operations system will perform both DDL and DML operations.
The wait statistics monitoring requirements for the instances are described in the following table.

End of repeated scenario.
You need to create a backup plan for Instance4.
Which backup plan should you create?
A. Full backups every 60 minutes, transaction log backups every 30 minutes.
B. Weekly full backups, nightly differential. No transaction log backups are necessary.
C. Weekly full backups, nightly differential backups, transaction log backups every 30 minutes.
D. Weekly full backups, nightly differential backups, transaction log backups every 12 hours.
Answer: C
Explanation:
Explanation
Scenario: Instance4 is engaged in heavy read-write I/O. The Recovery Point Objective of Instance4 is 60 minutes.

NEW QUESTION: 3
Refer to the exhibit. Which two statements about the network environment of the device that generated this output are true? (Choose two.)

A. The virtual IP address of the HSRP group is 10.1.1.1.
B. The hello and hold timers are set to custom values.
C. The local device has higher priority setting that the active router.
D. If the router with a higher IP address and same HSRP priority as the active router becomes available, that router becomes the new active router 5 seconds later.
E. If the local device fails to receive a hello from the active router for more than 5 seconds, it can become the active router.
Answer: A,D