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Exam Code: H12-831_V1.0-ENU

Exam Name: HCIP-Datacom-Advanced Routing & Switching Technology V1.0

Certification Provider: Huawei

Related Certification: HCIP-Datacom-Advanced Routing & Switching Technology V1.0

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Sentinel News is a publisher of over 100 newspapers around the country, with the exception of the Midwestern states. The company's CFO, Harry Miller, has been reviewing a number of potential candidates (both public and private companies) that would provide Sentinel News entrance into the Midwestern market. Recently, the founder of Midwest News, a private newspaper company, passed away.
The founder's family members are inclined to sell their 80% controlling interest. The family members are concerned that Midwest News's declining newspaper circulation is not cyclical, but rather permanent. The family members would reinvest the cash proceeds from the sale of Midwest News into a diversified portfolio of stocks and bonds. Miller's staff collects the financial information shown in Exhibit 1.

Miller noted that Midwest News does not pay a dividend, nor does the company have any debt. The most comparable publicly traded stock is Freedom Corporation. Freedom, however, has significant radio and television operations. Freedom's estimated beta is 0.90, and 40% of the company's capital structure is debt. Freedom is expected to maintain a payout ratio of 40%. Analysts are forecasting the company will earn S3.00 per share next year and grow their earnings by 6% per year. Freedom has a current market capitalization of S15 billion and 375 million shares outstanding. Freedom's current market value equals its intrinsic value.
Miller's staff uses current expectations to develop the appropriate equity risk premium for Midwest News.
The staff uses the Gordon growth model (GGM) to estimate Midwest's equity risk premium. The equity risk premium calculated by the staff is provided in Exhibit 2.
Miller believes the best method to estimate the required return on equity Midwest News is the build-up method. All relevant information to determine Midwest News's required relurn on equity is presented in Exhibit 2.

The specific-company premium reflects concerns about future industry performance and business risk in Midwest News. Miller makes two statements concerning the valuation methodology used to value Midwest News's equity.
Statement I: The required return estimate that is calculated from Exhibit 2 reflects all adjustments needed to make an accurate valuation of Midwest News.
Statement 2: It is better to use the free cash flow model to value Midwest News than a dividend discount model.
Miller considered two different valuation models to determine the price of Midwest News's equity: a single- stage free cash flow model and a single-stage residual income model.
Based on Exhibit 2 and using the build-up method, Midwest News's required return on equity is closest to:
A. 15.8%.
B. 13.0%.
C. 13.8%.
Answer: B
= risk-free rate + equity risk premium + size premiu + specific-company premiu

Control premium and marketability premium
adjustments are not usually made in the required return on equity calculation, but rather directly to the estimated value. (Study Session 10, LOS 35.d)

A. ipv6アクセスクラス
B. アクセスグループ
C. アクセスリスト
D. ipv6 traffic-filter
Answer: D
コマンドipv6 traffic-filter access-list-name {in | out}は、アクセスリストをインターフェイス上の着信または発信トラフィックに適用します。

A. router(config-if)#storm-control action trap
B. router(config-if)#storm-control action shutdown
C. router(config-if)#storm-control action error
D. router(config-if)#storm-control action enable
Answer: B
Configuring the Traffic Storm Control Shutdown Mode
To configure the traffic storm control shutdown mode on an interface, perform this task:
Command Purpose
Step 1 Router(config)# interface {{type1 Selects an interface to configure.
slot/port} | {port-channel num-ber}}
Step 2 Router(config-if)# storm-control (Optional) Configures traffic storm control to action shutdown error- disable ports when a traffic storm occurs.
* Enter the no storm-control action shut-down command to revert to the default action (drop).
* Use the error disable detection and recov-ery feature, or the shutdown and no shut-down commands to reenable ports.
Reference: http://www.cisco.com/c/en/us/td/docs/switches/lan/catalyst6500/ios/12-

Which ADM phase includes establishing the Architecture Capability and definition of Architecture Principles?
A. Phase B: Business Architecture
B. Phase C: Data Architecture
C. Preliminary Phase
D. Phase A: Architecture Vision
E. Phase F: Migration Planning
Answer: C
Reference https://pubs.opengroup.org/architecture/togaf9-doc/arch/chap02.html

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