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NEW QUESTION: 1
Bruce Johansen, CFA, is currently fully invested in the market portfolio that lies on the capita! market line (CML). Johansen desires to increase the expected return from his portfolio. Johansen is risk aversebut willing to accept higher risk if he can increase the expected return from his portfolio. According to capital market theory, Johansen can meet his risk and return objectives best by:
A. allocating a higher proportion of the portfolio to higher risk assets
B. borrowing at the risk-free rate to invest in the risky market portfolio
C. owning the risky market portfolio and lending at the risk-free rate
Answer: B

NEW QUESTION: 2
To hedge a foreign exchange exposure on behalf of a client, a small regional bank seeks to enter into an
offsetting foreign exchange transaction. It cannot access the large and liquid interbank market open primarily
to larger banks. At which one of the following exchanges can the smaller bank trade the currency futures
contracts?
I. The Tokyo Futures Exchange
II. The Euronext-Liffe Exchange
III. The Chicago Mercantile Exchange
A. II, III
B. III
C. I
D. I, II, III
Answer: D

NEW QUESTION: 3
As the Palo Alto Networks administrator, you have enabled Application Block pages. Afterward, some users do not receive web-based feedback for all denied applications. Why would this be?
A. Application Block Pages will only be displayed when Captive Portal is configured
B. Some Application ID's are set with a Session Timeout value that is too low.
C. Application Block Pages will only be displayed when users attempt to access a denied web-based application.
D. Some users are accessing the Palo Alto Networks firewall through a virtual system that does not have Application Block pages enabled.
Answer: C