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NEW QUESTION: 1
What are two characteristics of a switch that is configured as a VTP client? (Choose two.)
A. On switches that are configured to operate in client mode, VLANs can be created, deleted, or renamed locally.
B. VTP advertisements are not forwarded to neighboring switches that are configured in VTP transparent mode.
C. The local VLAN configuration is updated only when an update that has a higher configuration revision number is received.
D. When switches in VTP client mode are rebooted, they send a VTP advertisement request to the VTP servers.
E. If a switch that is configured to operate in client mode cannot access a VTP server, then the switch reverts to transparent mode.
F. VTP client is the default VTP mode.
Answer: C,D
Explanation:
Explanation/Reference:
VLAN Trunking Protocol (VTP)
Reference:
http://archive.networknewz.com/2004/0317.html
Explanation:
VTP Modes
Server Mode Once VTP is configured on a Cisco switch, the default mode used is Server Mode. In any

given VTP management domain, at least one switch must be in Server Mode. When in Server Mode, a switch can be used to add, delete, and modify VLANs, and this information will be passed to all other switches in the VTP management domain.
Client Mode When a switch is configured to use VTP Client Mode, it is simply the recipient of any

VLANs added, deleted, or modified by a switch in Server Mode within the same management domain.
A switch in VTP client mode cannot make any changes to VLAN information.
Transparent Mode A switch in VTP Transparent Mode will pass VTP updates received by switches in

Server Mode to other switches in the VTP management domain, but will not actually process the contents of these messages. When individual VLANs are added, deleted, or modified on a switch running in transparent mode, the changes are local to that particular switch only, and are not passed to other switches in the VTP management domain.

NEW QUESTION: 2
MediSoft Inc. develops and distributes high-tech medical software used in hospitals and clinics across the United States and Canada. The firm's software provides an integrated solution to monitoring, analyzing, and managing output from a variety of diagnostic medical equipment including MRls, CT scans, and EKG machines. MediSoft has grown rapidly since its inception ten years ago, averaging 25% growth in sales over the last decade. The company went public three years ago. Twelve months after their IPO, MediSoft made two semiannual coupon bond offerings, the first of which was a convertible bond. At the time of issuance, the convertible bond had a coupon rate of 7.25%, par value of $1,000, a conversion price of
$55.56, and ten years until maturity. Two years after issuance, the bond became callable at 102% of par value. Soon after the issuance of the convertible bond, the company issued another series of bonds which were putable, but contained no conversion or call features. The putable bonds were issued with a coupon of 8.0%, par value of $1,000, and 15 years until maturity. One year after their issuance, the put feature of the putable bonds became active, allowing the bonds to be put at a price of 95% of par value, and increasing linearly over five years to 100% of par value. MediSoft's convertible bonds are now trading in the market for a price of $947 with an estimated straight value of $917. The company's putable bonds are trading at a price of $1,052. Volatility in the price of MediSoft's common stock has been relatively high over the last few months. Currently the stock is priced at $50 on the New York Stock Exchange and is expected to continue its annual dividend in the amount of $1.80 per share.
High-tech industry analysts for Brown & Associates, a money management firm specializing in fixed- income investments, have been closely following MediSoft ever since it went public three years ago. In general, portfolio managers at Brown & Associates do not participate in initial offerings of debt investments, preferring instead to see how the issue trades before considering taking a position in the issue. Since MediSoft's bonds have had ample time to trade in the marketplace, analysts and portfolio managers have taken an interest in the company's bonds. At a meeting to discuss the merits of MediSofVs bonds, the following comments were made by various portfolio managers and analysts at Brown & Associates:
"Choosing to invest in MediSoft's convertible bond would benefit our portfolios in many ways, but the primary benefit is the limited downside risk associated with the bond. Since the straight value will provide a floor for the value of the convertible bond, downside risk is limited to the difference between the market price of the bond and the straight value."
"Decreasing volatility in the price of MediSoft's common stock as well as increasing volatility in the level of interest rates are expected in the near future. The combined effects of these changes in volatility will be a decrease in the price of MediSoft's putable bonds and an increase in the price of the convertible bonds.
Therefore, only the convertible bonds would be a suitable purchase."
Assuming that portfolio managers at Brown & Associates purchased the convertible bonds, how many years would it take to recover the premium per share?
A. 2.26.
B. 1.17.
C. 1.32.
Answer: B
Explanation:
Explanation/Reference:
Explanation:

We calculated the market premium per share in the previous question so we must now calculate the favorable income differential per share as follows:

(Study Session 14, LOS 54.j)

NEW QUESTION: 3
A planned VxRail deployment will use an External vCenter Server and syslog server.
Which ping connectivity tests should succeed and which should fail before the deployment?
A. Succeed: ESXi hosts and syslogFail: VxRail Manager and vCenter
B. Succeed: VxRail Manager and syslogFail: vCenter and ESXi hosts
C. Succeed: vCenter and syslog serverFail: VxRail Manager and ESXi hosts
D. Succeed: VxRail Manager and ESXi hostsFail: vCenter and syslog server
Answer: A

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