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NEW QUESTION: 1
A mutual fund has securities in its portfolio that are worth $196 million. The fund has borrowed $12.1 million to purchase securities on margin and has 28.5 million fund shares outstanding. What is the fund's net asset value (NAV) per share?
A. 9.76
B. 6.20
C. 6.45
Answer: C
Explanation:
The net asset value of a mutual fund is calculated as:(Market Value of Assets - Market Value of Liabilities) / Number of Shares Outstanding = ($196 m - $12.1 m) / 28.5 m = $6.45.

NEW QUESTION: 2

A. Option A
B. Option D
C. Option C
D. Option B
Answer: B
Explanation:
The scope is already in place.
Scope level policies are typically settings that only apply to that scope. They can also
overwrite a setting that was set at the server level.
References:
Training Guide: Installing and Configuring Windows Server 2012 R2, Chapter 6: Network
Administration, p.253

NEW QUESTION: 3
Which one of the following capabilities of the IBM PureApplication System includes deeply integrating and tuning hardware and software in a single, ready-to-go system?
A. Automation control
B. Integration by design
C. Simplified experience
D. Built-in expertise
Answer: B
Explanation:
Reference:http://www.slideshare.net/patrickbouillaud/ibm-pure-application-system-overview-20120410-v1(slide 6)

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