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NEW QUESTION: 1
Which of the following is the type of documented business rule for protecting information and the systems, which store and process the information
A. Information protection policy
B. Information protection document
C. Information storage policy
D. Information security policy
Answer: D

NEW QUESTION: 2
Amie Lear, CFA, is a quantitative analyst employed by a brokerage firm. She has been assigned by her supervisor to cover a number of different equity and debt investments. One of the investments is Taylor, Inc. (Taylor), a manufacturer of a wide range of children's toys. Based on her extensive analysis, she determines that her expected return on the stock, given Taylor's risks, is 10%. In applying the capital asset pricing model (CAPM), the result is a 12% rate of return.
For her analysis of the returns of Devon, Inc. (Devon), a manufacturer of high-end sports apparel, Lear intends to use the Fama-French model (FFM). Devon is a small-cap growth stock that has traded at a low market-to-book value in recent years. Lear's analysis has provided a wealth of quantitative information to consider. The return on a value-weighted market index minus the risk-free rate is 5.5%, the small-cap return premium is 3.1%, the value return premium is 2.2%, and the liquidity premium is 3.3%. The risk-free rate is 3.4%. The market, size, relative value, and liquidity betas for Devon are 0.7, -0.3, 1.4, and 1.2, respectively. In estimating the appropriate equity risk premium, Lear has chosen to use the Gordon growth model.
Lear's assistant, Doug Saunders, presents her with a report on macroeconomic multifactor models that includes the following two statements:
Statement 1: Business cycle risk represents the unexpected change in the difference between the return of risky corporate bonds and government bonds.
Statement 2: Confidence risk represents the unexpected change in the level of real business activity.
Lear is also attempting to determine the most appropriate method for determining the required return for Densmore, Inc. (Densmore), a closely held company that is considering a debt issue within the next year.
The company has not previously issued debt securities to the public, relying instead on bank financing.
She realizes that there are a number of models to consider, including the CAPM, multifactor models, and build-up models.
Based on Lear's analysis, Taylor's stock is most likely to be:
A. undervalued.
B. correctly valued.
C. overvalued.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Since the required return (12%) as determined by CAPM is greater than Lear's expected return (10%), then Taylors stock is overvalued. (Study Session 10, LOS 35.a)

NEW QUESTION: 3
Which investigation technique is supported by use case' descriptions?
A. Document Analysis.
B. Questionaires.
C. Scenario Analysis.
D. Interviewing.
Answer: C

NEW QUESTION: 4

A. Option F
B. Option A
C. Option E
D. Option B
E. Option C
F. Option D
Answer: D