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NEW QUESTION: 1
Ian Clark, CFA, is a technical analyst. Clark believes that information is incorporated gradually into securities markets and that, as a technician, he can take advantage of this process. However, tests of the efficient market hypothesis indicate security returns are random over time and new information is processed rapidly. Clark makes the following statements:
Statement 1:Studies have reported that small capitalization stock returns are positive on a risk-adjusted basis.
Statement 2:Although the academic research indicates that markets are weak form efficient, they are not because many technical analysts beat the market.
Determine whether Clark's statements regarding tests of market efficiency are correct or incorrect.
A. Only Statement 2 is correct.
B. Only Statement 1 is correct.
C. Both statements arc correct.
Answer: B

NEW QUESTION: 2

A. Option B
B. Option A
C. Option C
D. Option E
E. Option D
Answer: C,E

NEW QUESTION: 3
Which of the following equations correctly illustrates the calculation of the cost of equity using the Dividend-Yield-plus-Growth-Rate approach?
A. (Last annual dividend/[expected return - required return]) * expected growth rate
B. (Next annual dividend/current stock price) + expected growth rate
C. Risk-free rate of return + beta(expected return on the market - risk-free rate of return)
D. Payout ratio * (ROE/[expected return-required rate of return])
E. (Retention rate)*(ROE)
F. Annual dividend/current stock price * (1-tax rate)
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The Dividend-Yield-plus-Growth-Rate approach calls for the following components: next annual dividend, current stock price, and expected growth rate. This approach, also known as the Discounted Cash Flow (DCF) method, is a flexible and very adept tool in the hands of the financial analyst, and is it is imperative that the CFA candidate fully understand both the applications and the methodology of this approach. The first choice illustrates the Capital Asset Pricing Model, while the second represents an approach for calculating sustainable growth rate. The remaining answers are somewhat fictitious.

NEW QUESTION: 4
管理者は、ナレッジ記事を検索して記事を解決するサポートエージェントの検索結果の関連性をどのように改善できますか？
3つの答えを選んでください
A. データカテゴリを作成し、各カテゴリに記事を割り当てます。
B. 一般的な検索用語の同義語を定義します。
C. すべての関連記事タイプでフィード追跡を有効にします。
D. 各データカテゴリのレコードタイプを作成します。
E. ケースフィールドの値に基づいて、記事検索フィルターを事前入力します。
Answer: A,B,E