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NEW QUESTION: 1
Ted McGovern works in the economics branch of a government bank regulator. When he arrives at work this morning and checks his voicemail, he has a message from the Regional Director asking him to calculate the expected rate of return for a stock market series. More detailed information will be forthcoming in an e-mail. Fortunately, McGovern still has his CFA Program study guides in his office and finds the correct formulas. McGovern logs on to the computer network and downloads an attachment that contains the following estimates:
Overall Assumptions:
Index Estimates - Bull Market:
Index Estimates - Bear Market:
The expected return on the index is closest to:
A. 98.2%.
B. 39.4%.
C. 67.4%.
D. 30.8%.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
To calculate the expected index return, we need to calculate the expected return for the bull market and the expected return for the bear market. Then, we will use the given probabilities of each scenario to calculate the expected index return. Note: All amounts are in millions of $ unless noted otherwise.
BULL MARKET
BEAR MARKET
EXPECTED VALUE OF INDEX
= 0.35 * 110% + 0.65 * -11.8% =30.83%

NEW QUESTION: 2
Which of the following authentication methods are supported for Single Sign-On for SAP HANA?
A. Kerberos
B. LDAP over SSL
C. Secure Network Communication (SNC)
D. SAML CAS (Central Authentication Service)
Answer: A

NEW QUESTION: 3

A. ODBC Data Source
B. vCard
C. XML Data Source
D. HTML Table
E. JDBC Data Source
Answer: A,C