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NEW QUESTION: 1
What are three features of IPsec tunnel mode? (Choose three.)
A. IPsec tunnel mode supports multicast.
B. IPsec tunnel mode is used between end stations.
C. IPsec tunnel mode is used between gateways.
D. IPsec tunnel mode encrypts the entire packet.
E. IPsec tunnel mode supports unicast traffic.
F. IPsec tunnel mode encrypts only the payload.
Answer: C,D,E
NEW QUESTION: 2
A client presents to the emergency room with cyanosis, coughing, tachypnea, and tachycardia. She has a history of asthma. Arterial blood gas values are pH 7.28, PaO2 54, PaCO2 60, and HCO3 24. The nursing assessment of arterial blood gases indicate the presence of:
A. Respiratory acidosis
B. Metabolic alkalosis
C. Metabolic acidosis
D. Respiratory alkalosis
Answer: A
Explanation:
Explanation/Reference:
Explanation:
(A) Respiratory alkalosis is determined by elevated pH and low PaCO2. (B) Respiratory acidosis is determined by low pH and elevated PaCO2. (C) Metabolic alkalosis is determined by elevated pH and HCO3. (D) Metabolic acidosis is determined by low pH and HCO3.
NEW QUESTION: 3
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources
Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Calculate the implementation shortfall assuming total commissions paid by Glceson when he purchased the 3,000 SNR were $210.
A. 0.303%.
B. 2.027%.
C. 0.996%.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The benchmark price is 22.36, and the benchmark quantity is 5,000, so the benchmark investment = 22.36 x 5,000 = $111,800. The terminal benchmark value = 22.65 x 5,000 - $113,250, and the benchmark gain
113,250 - 111,800 = $1,450.
The actual portfolio cost = (900 x 22.33) + (600 x 22.43) +(700 x 22.47) + (800 x 22.65) = 67,404 + 210
$67,614. The actual portfolio terminal value = 22.65 x 3,000 = $67,950, and the actual gain = 67,950 -
67,614 = $336.
The implementation shortfall = (1,400 - 336) / 111,800 = 0.0096 or 0.996%. (Study Session 16, LOS 45.g)