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NEW QUESTION: 1
Yummy Doughnuts (YD) sells a variety of doughnuts and other related items through both company-owned locations and franchise locations. YD has experienced significant growth over the past five years.
However, barriers to entry are low and competition is increasing.
Linda Haas, CFA, follows YD for Gibraltar Capital. Gibraltar Capital prides itself on its thorough fundamental analysis of investment opportunities. The company uses a bottom-up approach to the investment process. Haas's security selection process utilizes residual income models to determine a stock's intrinsic value. Haas obtains YD's 2008 financial statements shown in Exhibit 1. In addition, Haas provides supporting information about YD's financials and other related material found in Exhibit 2.

Haas makes the following statements during her YD presentation to the investment committee.
Statement 1: Based on ROE mean reversion, YD's continuing residual income is assumed to decline to zero over time.
Statement 2: The residual income model states that if YD's ROE equals its equity cost of capital, then YD's intrinsic value will equal its book value per share.
Haas makes a statement about an assumption concerning residual income (Statement 1) and the residual income model (Statement 2). Which of the statements is correct?
A. Only Statement 2 is correct.
B. Only Statement 1 is correct.
C. Both Statements 1 and 2 are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Statement 1 is correct. The multistage residual income model uses continuing residual income to denote the long-run residual income. Based on reversion to the mean, and increasing competition for YD, continuing residual income would be expected to decline to zero over time. Statement 2 is correct. Based on the residual income model formula, V0 = B0 + (ROE - r) x B0 / (r - g). If ROE = r, then V0 = B0. (Study Session 13, LOS 43.d,j)

NEW QUESTION: 2
A Data Guard environment has this configuration and these attributes:
1 . The primary database prima is in the local region.
2 . A physical standby database physt1 is in the local region .
3 . A physical standby database physt2 is in a remote region .
4 . The primary ships redo to physt1.
5 . physt1 ships redo physt2.
6 . physt1 and physt2 have Real-Time Query enabled
A sequence has been created with this SQL statement in the primary database:
CREATE SEQUENCE a NOCACHE SESSION:
Which two statements are true?
A. physt2 will no longer receive redo if phystl becomes unavailable, unless LOG_ARCHIVE_DEST_n has
the ALTERNATE attribute specified on physt1.
B. The sequence is usable on physt1 and physt2
C. The sequence is usable on physt2 if phystl becomes unavailable, but only if an alternative redo
destination has been configured on the primary database.
D. The sequence is usable on physt1 but not usable on physt2.
E. physt2 will no longer receive redo if phystl becomes unavailable, unless LOG_ARCHIVE_DEST_n has
the ALTERNATE attribute specified on the primary database.
Answer: A,C

NEW QUESTION: 3
You need to set up a VPN between AWS VPC and your on-premises network. You create a VPN connection in the AWS Management Console, download the configuration file, and install it on your on-premises router.
The tunnel is not coming up because of firewall restrictions on your router. Which two network traffic options should you allow through the firewall? (Select two.)
A. IP protocol 5
B. UDP port 500
C. IP protocol 50
D. TCP port 500
E. TCP port 50
Answer: B,E
Explanation:
Explanation
References: https://docs.aws.amazon.com/vpc/latest/userguide/VPC_VPN.html