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NEW QUESTION: 1
You are working with a client to help guide their seat governance structure. After discussing their company policies and procedures, you discover that each region follows its own protocols, operations are for the most part independent and they might benefit from discretionary data-sharing between regions.
Based on what you have learned, which seat governance option should you recommend?
A. Horizontal regional empowerment
B. Full agency control
C. A single seat shared by all regions
D. Global DMP nerve center
E. Global template with local nuances
Answer: C
NEW QUESTION: 2
Valentine notes that a share of Trailblazer's stock is currently priced at $32. Moreover, she expects the dividend for next year to be $1.47 and forecasts that the price of one share of Trailblazer stock at the end of the year wilt be $35.
In her report, Valentine makes the following statements about Trailblazer dividends:
Statement 1: Trailblazer is expected to pay a dividend next year and will continue to do so for the foreseeable future.
Statement 2: The required rate of return for Trailblazer stock will likely exceed the growth rate of its dividends.
Statement 3: Trailblazer is in a mature sector of its industry, and accordingly, I expect dividends to decline to a constant rate of 4% indefinitely.
In speaking to a colleague at her firm, Valentine makes the following additional statements after her report is released:
Statement 4: Trailblazer has a 10-year history of paying regular quarterly dividends.
Statement 5: Over a recent 10-year period, Trailblazer has experienced one 3-year period of consecutive losses and another period of two annual losses in a row but has been extremely profitable in the remaining five years.
Valentine is concerned about the theoretical validity of using the APT to obtain an estimate of the required rate of return on equity. She decides to attend a conference dealing specifically with estimation techniques that analysts can employ. At one of the conference seminars, the following points are made:
Statement 6: The APT is a better approach than the CAPM because even though the factor risk premiums are difficult to estimate, the CAPM is more problematic because it relies on a single market risk premium estimate, which in turn leads to greater input uncertainty.
Statement 7: Model uncertainty is a problem with the APT but not with the CAPM.
Valentine is also analyzing the stock of Farwell, Inc. Farwell shares are currently trading at $48 based on current earnings of $4 and a current dividend of $2.60. Dividends are expected to grow at 5% per year indefinitely. The risk-free rate is 3.5%, the market risk premium is 4.5%, and Farwell's beta is estimated to be 1.2.
Do Statements 4 and 5 support the decision by Valentine to use a dividend discount model?
A. Only Statement 5 supports the use of DDM.
B. Both statements support the use of DDM.
C. Only Statement 4 supports the use of DDM.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
For a DDM ro be appropriate for valuation purposes, dividends must be a reasonably good measure of the cash flow of a firm. Dividends are appropriate for measuring cash flow when a company has a history of dividend payments, when the dividend policy is clear and related to the firm's earnings, and when the perspective is that of a minority shareholder. The two statements relate to the history of dividends and rhe relationship between dividends and earnings. Statement 4 supports the use of dividends since the history of paying dividends is fairly long and consistent. Statement 5 suggests that the relationship between dividends and earnings is not very strong since the company continues to pay regular dividends regardless of whether losses are incurred or profits are earned. (Study Session 11, LOS 40.b)
NEW QUESTION: 3
Your company has an Active Directory domain. You log on to the domain controller. The Active Directory Schema snap-in is not available in the Microsoft Management Console (MMC).
You need to access the Active Directory Schema snap-in. What should you do?
A. Register Schmmgmt.dll.
B. Log off and log on again by using an account that is a member of the Schema Admins group.
C. Add the Active Directory Lightweight Directory Services (AD/LDS) role to the domain controller by using Server Manager.
D. Use the Ntdsutil.exe command to connect to the schema master operations master and open the schema for writing.
Answer: A
Explanation:
Install the Active Directory Schema Snap-In You can use this procedure to first register the dynamic-link library (DLL) that is required for the Active Directory Schema snap-in. You can then add the snap-in to Microsoft Management Console (MMC).
To install the Active Directory Schema snap-in:
1.To open an elevated command prompt, click Start, type command prompt and then right-click Command Prompt when it appears in the Start menu. Next, click Run as administrator and then click OK.
To open an elevated command prompt in Windows Server 2012 R2, click Start, type cmd, right-click cmd and then click Run as administrator.
2.Type the following command, and then press ENTER: regsvr32 schmmgmt.dll
3.Click Start, click Run, type mmc and then click OK.
4.On the File menu, click Add/Remove Snap-in.
5.Under Available snap-ins, click Active Directory Schema, click Add and then click OK.
6.To save this console, on the File menu, click Save.
7.In the Save As dialog box, do one of the following:
*To place the snap-in in the Administrative Tools folder, in File name, type a name for the snap-in, and then click Save.
*To save the snap-in to a location other than the Administrative Tools folder, in Save in , navigate to a location for the snap-in. In File name, type a name for the snap-in, and then click Save.
NEW QUESTION: 4
Which of the following is the core part of the P2DR model?
A. Policy Strategy
B. Response
C. Protection
D. Detection
Answer: A
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