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NEW QUESTION: 1
A user is getting an error message when trying to go to a website. A technician asks the user a few questions to find out more about the issue. The technician opens a browser locally and browses to the same site as the user. Which of the following troubleshooting steps is the technician using by browsing to the same site?
A. Find the root cause.
B. Establish a plan of action.
C. Duplicate the problem.
D. Gather information
Answer: C

NEW QUESTION: 2
William Bliss, CFA, runs a hedge fund that uses both managed futures strategies and positions in physical commodities. He is reviewing his operations and strategies to increase the return of the fund. Bliss has just hired Joseph Kanter, CFA, to help him manage the fund because he realizes that he needs to increase his trading activity in futures and to engage in futures strategies other than fully hedged, passively managed positions. Bliss also hired Kanter because of Kantcr's experience with swaps, which Bliss hopes to add to his choice of investment tools.
Bliss explains to Kanter that his clients pay 2% on assets under management and a 20% incentive fee.
The incentive fee is based on profits after having subtracted the risk-free rate, which is the fund's basic hurdle rate, and there is a high water mark provision. Bliss is hoping that Kanter can help his business because his firm did not earn an incentive fee this past year. This was the case despite the fact that, after two years of losses, the value of the fund increased 14% during the previous year. That increase occurred without any new capital contributed from clients. Bliss is optimistic about the near future because the term structure of futures prices is particularly favorable for earning higher returns from long futures positions.
Kanter says he has seen research that indicates inflation may increase in the next few years. He states this should increase the opportunity to earn a higher return in commodities and suggests taking a large, margined position in a broad commodity index. This would offer an enhanced return that would attract investors holding only stocks and bonds. Bliss mentions that not all commodity prices are positively correlated with inflation so it may be better to choose particular types of commodities in which to invest.
Furthermore, Bliss adds that commodities traditionally have not outperformed stocks and bonds either on a risk-adjusted or absolute basis. Kanter says he will research companies who do business in commodities, because buying the stock of those companies to gain commodity exposure is an efficient and effective method for gaining indirect exposure to commodities.
Bliss agrees that his fund should increase its exposure to commodities and wants Kanter's help in using swaps to gain such exposure. Bliss asks Kanter to enter into a swap with a relatively short horizon to demonstrate how a commodity swap works. Bliss notes that the futures prices of oil for six months, one year, eighteen months, and two years are $55, S54, $52, and $5 1 per barrel, respectively, and the risk- free rate is less than 2%.
Bliss asks how a seasonal component could be added to such a swap. Specifically, he asks if either the notional principal or the swap price can be higher during the reset closest to the winter season and lower for the reset period closest to the summer season. This would allow the swap to more effectively hedge a commodity like oil, which would have a higher demand in the winter than the summer. Kanter says that a swap can only have seasonal swap prices, and the notional principal must stay constanl. Thus, the solution in such a case would be to enter into two swaps, one that has an annual reset in the winter and one that has an annual reset in the summer.
Given the information, the most likely reason that Bliss's firm did not earn an incentive fee in the past year was because:
A. of a high water mark provision, which states the value of the fund must exceed its previous high point before managers are paid an incentive fee.
B. the normal return was subtracted.
C. the 2% asset-under-management fee is greater than the risk-free rate.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The only possible answer from the given reasons is a high water mark provision. Since the firm had experienced losses for two years before increasing in value in the previous year, it is likely that the value of the fund had yet to achieve a previous "high water mark11 that it must exceed in order for there to be an earned incentive fee. (Study Session 13. LOS 37.q)

NEW QUESTION: 3
The Prod department is determining budget numbers for the next fiscal year and would like to know if the projected growth of 15% exceed the current cloud infrastructure resources. Which HP tool can the cloud administrator use to verify how historical workloads have fit in the environment and forecast resource utilization based on supplied growth numbers?
A. SiteScope
B. Insight Control performance management
C. Data Center Smart Grid
D. Matrix OE capacity planning
Answer: D

NEW QUESTION: 4
You need to configure an Azure web app named az400-9940427-main to contain an environmental variable named "MAX_ITEMS". The environmental variable must have a value of 50.
To complete this task, sign in to the Microsoft Azure portal.
Answer:
Explanation:
See solution below.
Explanation
1. In the Azure portal, navigate to the az400-9940427-main app's management page. In the app's left menu, click Configuration > Application settings.

2. Click New Application settings
3. Enter the following:
* Name: MAX_ITEMS
* Value: 50
References:
https://docs.microsoft.com/en-us/azure/app-service/configure-common

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