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NEW QUESTION: 1
Before adding users to TMSPE, where does an engineer set up a group hierarchy in Cisco TMS?
A. System > Provisioning > Devices
B. System > Provisioning > Users
C. System > Provisioning > FindMe
D. Administrative Tools > Configuration
Answer: B

NEW QUESTION: 2
Security analysts Andrew Tian, CFA, and Cameron Wong, CFA, are attending an investment symposium at the Singapore Investment Analyst Society. The focus of the symposium is capital market expectations and relative asset valuations across markets. Many highly-respected practitioners and academics from across the Asia-Pacific region are on hand to make presentations and participate in panel discussions.
The first presenter, Lillian So, President of the Society, speaks on market expectations and tools for estimating intrinsic valuations. She notes that analysts attempting to gauge expectations are often subject to various pitfalls that subjectively skew their estimates. She also points out that there are potential problems relating to a choice of models, not all of which describe risk the same way. She then provides the following data to illustrate how analysts might go about estimating expectations and intrinsic values.

The next speaker, Clive Smyth, is a member of the exchange rate committee at the Bank of New Zealand.
His presentation concerns the links between spot currency rates and forecasted exchange rates. He states that foreign exchange rates are linked by several forces including purchasing power parity (PPP) and interest rate parity (IRP). He tells his audience that the relationship between exchange rates and PPP is strongest in the short run, while the relationship between exchange rates and IRP is strongest in the long run. Smyth goes on to say that when a country's economy becomes more integrated with the larger world economy, this can have a profound impact on the cost of capital and asset valuations in that country.
The final speaker in the session directed his discussion toward emerging market investments. This discussion, by Hector Ruiz, head of emerging market investment for the Chilean Investment Board, was primarily concerned with how emerging market risk differs from that in developed markets and how to evaluate the potential of emerging market investments. He noted that sometimes an economic crisis in one country can spread to other countries in the area, and that asset returns often exhibit a greater degree of non-normality than in developed markets.
Ruiz concluded his presentation with the data in the tables below to illustrate factors that should be considered during the decision-making process for portfolio managers who are evaluating investments in emerging markets.


With regard to Ruiz's statements concerning emerging market risk, when an economic crisis spreads from one country to other countries in the area, this is known as:
A. contagion, and non-normality of returns precludes the use of non-parametric models to estimate risk.
B. contagion, and non-normality of returns makes it more difficult to estimate risk using parametric models.
C. macro transmission, and non-normality of returns makes it more difficult to estimate risk using parametric models.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
When an economic crisis, such as that which began in Thailand in 1997, spreads to other countries, this is known as contagion. The fact that emerging market asset returns may exhibit greater non-normality makes it more difficult to apply parametric models (e.g., those based upon the statistical concepts of mean and standard deviation). In such instances, the analyst should consider non-parametric approaches such as bootstrapping techniques and Monte Carlo simulation to estimate risk. (Study Session 6, LOS 23.k)

NEW QUESTION: 3

A. Domain controls
B. Digital certificates
C. Control Plane Security (CPSec)
D. IPSec tunnels
Answer: D

NEW QUESTION: 4
Test Management
Which one of the following metrics to be produced needs traceability between the test cases and each item in a proper test basis? Number of correct responses: 1 K21 credit
A. Trends in the lag time from defect reporting to resolution
B. Mean time between failures for the system
C. Requirements coverage
D. Cumulative number of reported defects versus cumulative number of resolved defects
Answer: C

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