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NEW QUESTION: 1
An SMB customer wants a storage appliance that provides a highly available backup architecture.
Which HPE product line should you recommend?
A. HPE StoreOnce.
B. HPE StoreEasy.
C. HPE StoreOnce.
D. HPE StoreServ.
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NEW QUESTION: 2
Dan Draper, CFA is a portfolio manager at Madison Securities. Draper is analyzing several portfolios which have just been assigned to him. In each case, there is a clear statement of portfolio objectives and constraints, as welt as an initial strategic asset allocation. However, Draper has found that all of the portfolios have experienced changes in asset values. As a result, the current allocations have drifted away from the initial allocation. Draper is considering various rebalancing strategies that would keep the portfolios in line with their proposed asset allocation targets.
Draper spoke to Peter Sterling, a colleague at Madison, about calendar rebalancing. During their conversation, Sterling made the following comments:
Comment 1: Calendar rebalancing will be most efficient when the rebalancing frequency considers the volatility of the asset classes in the portfolio.
Comment 2: Calendar rebalancing on an annual basis will typically minimize market impact relative to more frequent rebalancing.
Draper believes that a percentage-of-portfolio rebalancing strategy will be preferable to calendar rebalancing, but he is uncertain as to how to set the corridor widths to trigger rebalancing for each asset class. As an example, Draper is evaluating the Rogers Corp. pension plan, whose portfolio is described in Figure 1.

Draper has been reviewing Madison files on four high net worth individuals, each of whom has a $1 million portfolio. He hopes to gain insight as to appropriate rebalancing strategies for these clients. His research so far shows:
Client A is 60 years old, and wants to be sure of having at least $800,000 upon his retirement. His risk tolerance drops dramatically whenever his portfolio declines in value. He agrees with the Madison stock market outlook, which is for a long-term bull market with few reversals.
Client B is 35 years old and wants to hold stocks regardless of the value of her portfolio. She also agrees with the Madison stock market outlook.
Client C is 40 years old, and her absolute risk tolerance varies proportionately with the value of her portfolio. She does not agree with the Madison stock market outlook, but expects a choppy stock market, marked by numerous reversals, over the coming months.
A buy and hold strategy:
A. is a constant proportion strategy with a floor greater than zero and a multiplier equal to 1.
B. is an example of a concave strategy.
C. would be appropriate for Client C.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The buy and hold strategy is a special case of the constant proportion strategy where the floor is positive and the multiplier is equal to I A buy and hold strategy has a linear payoff curve. The constant mix strategy (not a buy and hold strategy) is a concave strategy that supplies liquidity to the market, "selling insurance" by taking the less popular side of trades when the market is trending up or down. A buy and hold strategy would not be an appropriate strategy for Client C, whose risk tolerance varies in proportion to her wealth, and who expects a choppy stock market. (Study Session 16, LOS 46.i)

NEW QUESTION: 3
Which of the following terms matches: water and electrolytes (clear)?
A. Exudate
B. Induration
C. Transudate
D. Serosanguineous
Answer: C

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