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Exam Code: JN0-334

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NEW QUESTION: 1
What is the maximum distance between a standard clustered pair at 2Gbps?
A. 500 meters
B. 10 meters
C. 50 meters
D. 100 meters
Answer: A
Explanation:
Explanation/Reference:
Explanation:
https://communities.netapp.com/servlet/JiveServlet/previewBody/4803-102-1-6405/tr-3548.pdf The maximum cable length supported for 2Gbps is 500m, the same as the max cable length between a NetApp storage system and a FC switch.
Stretch MetroCluster (sometimes referred to as nonswitched) is simply an active-active configuration that can extend up to 500m depending on speed and cable type. It also includes synchronous mirroring (SyncMirror®) and the ability to do a site failover with a single command. See Figure 2. Additional resiliency can be provided through the use of multipathing.


NEW QUESTION: 2
Jack Mercer and June Seagram are investment advisors for Northern Advisors. Mercer graduated from a prestigious university in London eight years ago, whereas Seagram is newly graduated from a mid-western university in the United States. Northern provides investment advice for pension funds, foundations, endowments, and trusts. As part of their services, they evaluate the performance of outside portfolio managers. They are currently scrutinizing the performance of several portfolio managers who work for the Thompson University endowment.
Over the most recent month, the record of the largest manager. Bison Management, is as follows. On March 1, the endowment account with Bison stood at $ 11,200,000. On March 16, the university contributed $4,000,000 that they received from a wealthy alumnus. After receiving that contribution, the account was valued at $ 17,800,000. On March 31, the account was valued at $16,100,000. Using this information, Mercer and Seagram calculated the time-weighted and money-weighted returns for Bison during March. Mercer states that the advantage of the time-weighted return is that it is easy to calculate and administer. Seagram states that the money-weighted return is, however, a better measure of the manager's performance.
Mercer and Seagram are also evaluating the performance of Lunar Management. Risk and return data for the most recent fiscal year are shown below for both Bison and Lunar. The minimum acceptable return (MAR) for Thompson is the 4.5% spending rate on the endowment, which the endowment has determined using a geometric spending rule. The T-bill return over the same fiscal year was 3.5%. The return on the MSCI World Index was used as the market index. The World index had a return of 9% in dollar terms with a standard deviation of 23% and a beta of 1.0.

The next day at lunch, Mercer and Seagram discuss alternatives for benchmarks in assessing the performance of managers. The alternatives discussed that day are manager universes, broad market indices, style indices, factor models, and custom benchmarks. Mercer states that manager universes have the advantage of being measurable but they are subject to survivor bias. Seagram states that manager universes possess only one quality of a valid benchmark.
Mercer and Seagram also provide investment advice for a hedge fund, Jaguar Investors. Jaguar specializes in exploiting mispricing in equities and over-the-counter derivatives in emerging markets. They periodically engage in providing foreign currency hedges to small firms in emerging markets when deemed profitable. This most commonly occurs when no other provider of these contracts is available to these firms. Jaguar is selling a large position in Mexican pesos in the spot market. Furthermore, they have just provided a forward contract to a firm in Russia that allows that firm to sell Swiss francs for Russian rubles in 90 days. Jaguar has also entered into a currency swap that allows a firm to receive Japanese yen in exchange for paying the Russian ruble.
Regarding their statements about manager universes, determine whether Mercer and Seagram are correct or incorrect.
A. Only Mercer is correct.
B. Only Seagram is correct.
C. Both are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Mercer is correct because, although manager universes are measurable (after the fact), they are subject to survivor bias. Survivor bias refers to the tendency to include only those managers currently in existence in the benchmark, thereby ignoring those who have left the business or stopped reporting. The poorer performers' records are left out, creating an upward bias in the benchmark performance.
Seagram is correct because manager universes possess only one quality of a valid benchmark, which is measurability. A valid benchmark should meet the following criteria: (1) specified in advance, (2) appropriate, (3) measurable, (4) unambiguous, (5) reflect current investment opinions, (6) accountable, (7) invcstablc. The median manager cannot be identified in advance and is therefore also ambiguous. The benchmark will differ from one period to another and is therefore not investable. It is impossible to determine its appropriateness and whether it is reflective of current opinion due to its ambiguity. It is also difficult to determine its accountability because fund sponsors must rely on the compiler's representations.
(Study Session 17, LOS 47.e, f, h)

NEW QUESTION: 3
Your marketing department uncompressed and executed a file that the whole department received using Skype.

Reviewing the exhibit, which two details do you determine from your initial analysis of the payload?
A. This is a type of Trojan that will download and pirate movies using your Netflix credentials.
B. This type of threat of a DDoS attack using instant messaging to send e-mails to further spread the infection.
C. This threat payload is uploading private user videos which are then used to extort Bitcoin payments.
D. The payload contains strings that the malware is monitoring to harvest credentials.
Answer: A


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