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NEW QUESTION: 1
In FlexVPN, what command can an administrator use to create a virtual template interface that can be configured and applied dynamically to create virtual access interfaces?
A. interface template number type virtual
B. interface virtual-template number type template
C. interface tunnel-template number
D. interface virtual-template number type tunnel
Answer: D
Explanation:
Here is a reference an explanation that can be included with this test. http://www.cisco.com/en/US/docs/ios-xml/ios/sec_conn_ike2vpn/configuration/15-2mt/secflex-spoke.html#GUID-4A10927D-4C6A-4202-B01C-DA7E462F5D8A
Configuring the Virtual Tunnel Interface on FlexVPN Spoke
SUMMARY STEPS
1.enable
2.configure terminal
3.interface virtual-template number type tunnel
4.ip unnumbered tunnel number
5.ip nhrp network-id number
6.ip nhrp shortcut virtual-template-number
7.ip nhrp redirect [timeout seconds]
8.exit

NEW QUESTION: 2

A. Option C
B. Option B
C. Option D
D. Option A
Answer: C
Explanation:
If you delete a queue, you need to wait for at least 60 seconds before creating a queue with the same name. Please note that when you delete a queue, the deletion process takes up to 60 seconds. Requests you send to a recently deleted queue might succeed during the 60-second period. For example, a SendMessage request might succeed, but after 60 seconds the queue and that message you sent no longer exists.
Reference: https://aws.amazon.com/items/1343?externalID=1343

NEW QUESTION: 3
Sharon Foster, 56, is an executive at a large Biotech firm. Foster plans to retire in five years, to travel and spend time with her grandchildren. Foster is in excellent health, although her husband died several years ago. Foster's only significant asset is her employer's 401(k) retirement plan. Her salary is more than adequate to cover her living expenses until she retires, but she does not anticipate that she will accumulate any additional savings beyond her retirement account. The balance in her account currently is $3.2 million, but Foster estimates that by the time she retires the account will have grown to $4.5 million. She expects that her pretax living expenses, including a liberal travel budget, will be $150,000 per year, beginning when she retires. She is willing to take risk to achieve her financial goals. Her retirement account is currently invested 80% in stocks and 20% in bonds. Foster estimates her post-retirement income tax rate to be 35%, which is about the same as her current tax rate.
As she is starting to plan her retirement, Foster has turned to her longtime friend, Don Welch, CFA, who is a portfolio manager at Scientific Investments, LLC. Welch is considering three different mutual funds for Foster's account. All three are well-diversified funds of large capitalization stocks. The expected returns and standard deviations of each fund are shown below in Exhibit 1. Welch assumes a risk-free rate of return of 3.0%.

Welch believes in stock market efficiency, but he also believes that individual securities are mispriced by the market from time to time. He has recently reviewed research related to the Treynor-Black (TB) model of security selection and portfolio optimization. Welch refers to a prospectus from Fund D, which uses the TB framework in developing its portfolios. In discussing their use of the TB model, the prospectus cites an example where an active portfolio of five stocks is combined with a passive, index portfolio. The portfolio weights of the stocks are in Exhibit 2.

Welch further notes that the beta of the active portfolio is 0.90, although the standard deviation of the portfolio's returns is high. Of the five stocks shown in the portfolio, three have positive alphas, and two have negative alphas. A footnote to the sample data states that the sample assumes that the analysts* alpha forecasts are perfect.
Welch is reviewing Foster's account, together with the mutual fund data, in an attempt to develop a long- term investment plan for Foster.
In preparing an investment policy statement for Foster, which of the following best describes her post- retirement risk tolerance?
A. Below average.
B. Above average.
C. Resolution needed.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Foster's risk tolerance consists of two components, her ability to take risk and her willingness to take risk.
Her willingness is high, as she will accept the risk necessary to meet her financial goals. However, after her retirement, her ability is relatively low, as she needs $150,000 per year after taxes for her living expenses. This figure does not include any adjustment for inflation. This translates to a pre-tax return of
150,000 / (1 - 0.35) = $230,769 or a yield of 230,769 / $4,500,000 = 5.1% on her portfolio. This is a significant income need and limits the risk tolerance of the portfolio. The large income requirement will mean allocating more assets to income producing securities in lieu of securities with higher capital gain potential. Thus, a resolution is needed between Fosters willingness to accept risk and her below average ability to take risk. (Study Session 18, LOS 68.c)