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NEW QUESTION: 1
For its branch offices, a customer is choosing between HP 2920 Switch Series switches and a Cisco Catalyst 2960X LAN Base switches. The customer requires PoE+ at its branch offices.
What advantage does the HP switch provide for this business need?
A. The HP switch supports PoE+, but the Cisco switch does not.
B. The HP switch supports upgradeable power modules to provide much more PoE power than the Cisco switch.
C. The HP switch supports PoE+ on all ports, but the Cisco switch only supports PoE+ on two ports.
D. The HP switch supports PoE+ and 802.11ac integration, but the Cisco switch does not.
Answer: D
Explanation:
Reference:
http://www8.hp.com/h20195/v2/getpdf.aspx/4AA5-8310ENW.pdf?ver=1.0

NEW QUESTION: 2
Proposed changes from a Change Management process always require a new or revised:
A. Project team organization.
B. Procurement plan.
C. Cost baseline.
D. Estimation of changes to cost, schedules and resource plan.
Answer: D

NEW QUESTION: 3
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.

This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
Is Wang's description of PVGO most likely correct?
A. No. PVGO is the difference between the price and the value of. assets in place. The value of assets in place is estimated by dividing dividends per share by the required rate of return.
B. Yes.
C. No. PVGO is the difference between the price and the value of assets in place. The value of assets in place is estimated by dividing earnings per share by the required rate of return.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
PVGO is the part of a stock's total value that comes from future growth opportunities. It is estimated as = /r
+ PVGO, where /r is the no-growth value per share. Note that earnings are divided by r, not dividends. The reason for this is that a no-growth firm should distribute all of its earnings as dividends. (Study Session 11, LOS 40.f)

NEW QUESTION: 4
次のうち、企業の売掛金回転率が3年間で着実に低下する原因となるのはどれですか。
A. 請求書は月単位ではなく週単位で提供されます。
B. よりリベラルな信用政策。
C. 早期支払いのために提供される割引の増加。
D. 現金販売の増加。
Answer: B