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NEW QUESTION: 1
On an XIV system, what is the minimum hardware configuration when the Capacityl on Demand feature is used?
A. 9 modules
B. 12 modules
C. 6 modules
D. 15 modules
Answer: C

NEW QUESTION: 2
You have a server named Server1 that runs Windows Server 2012 R2. Server1 has following storage spaces:
Data
Users
Backups
Primordial
You add an additional hard disk to Server1.
You need to identify which storage space contains the new hard disk.
Which storage space contains the new disk?
A. Backups
B. Data
C. Users
D. Primordial
Answer: D
Explanation:
New Disks (Unallocated space) added to Primordial spacePrimordial Pool? All storage that meets acceptable criteria
for Storage Spaces will be placed in the Primordial Pool. Thiscan be considered the default pool for devices from
which any other pools will be created. Notice that there are no other virtual disks or pools at this point. The
Primordial Pool will only consist of physical storage devices that do not belong to any other pools.
http://blogs.technet.com/b/canitpro/archive/2012/12/13/storage-pools-dive-right-in.aspx http://
blogs.technet.com/b/askpfeplat/archive/2012/10/10/windows-server-2012-storagespaces-is- it for-youcould-be.aspx

NEW QUESTION: 3
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.

This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wrang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
Upon review, should Wang accept the estimated intrinsic value and investment recommendation for Aussie Shipping?
A. No. The intrinsic value is AUD 39.29, although the recommendation is still a "buy."
B. Yes.
C. No. The intrinsic value is AUD 31.67, and the recommendation should be "do not buy."
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The required rate of return for Aussie Shipping is:

(Study Session ll, LOS 40.d)

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