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NEW QUESTION: 1
The preferred stock of Greatest Technology Corporation has a $100 par and is convertible into four shares of common stock. The preferred is trading at 104.50. The preferred is callable at 101. If the common stock price is presently 27.89, which of the following actions would be a successful arbitrage:
A. purchase both the common and the preferred stocks as a hedge against further market risk
B. purchase 400 shares of common stock and sell 100 shares of preferred stock as "short exempt" (that is, the sale is exempt from the uptick rule)
C. purchase the preferred stock and sell an appropriate amount of the common stock "short exempt"
D. purchase the preferred stock and let it be called, which is inevitable at these market prices
Answer: C
Explanation:
Explanation/Reference:
Explanation: purchase the preferred stock and sell an appropriate amount of the common stock "short exempt". Arbitrage is the nearly simultaneous purchase and sale of equal securities in different markets for a profit. Selling four shares of common stock for every one share of preferred stock purchased provides a profit. The transactions involve the same number of common shares because the preferred is convertible to common at a four to one ratio.

NEW QUESTION: 2
Joe. a technician, receives notification that a share for production data files on the network Is encrypted. Joe suspects a crypto virus Is active. He checks the rights of the network share to see which departments have access. He then searches the user directories of those departmental users who are looking for encrypted files.
He narrows his search to a single user's computer. Once the suspected source of the virus is discovered and removed from the network, which of the following should Joe do NEXT?
A. Scan and remove the malware from the infected system.
B. Create a system restore point and reboot the system.
C. Schedule antivirus scans and perform Windows updates.
D. Educate the end user on safe browsing and email habits.
Answer: A

NEW QUESTION: 3
Which of the following represent features from UCS Central? (Choose all that apply.)
A. Can schedule UCS backup and firmware upgrades
B. Consolidates inventory and faults from multiple UCS domains
C. Replaces UCS Manager
D. Globally controls identifier pools to avoid conflicts
E. Provides KVM access to C-Series that are not managed by UCS Manager
F. Does not allow regional policies
Answer: A,B,D