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Exam Code: C-BOWI-43

Exam Name: SAP Certified Application Associate - SAP BusinessObjects Web Intelligence 4.3

Certification Provider: SAP

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NEW QUESTION: 1
You have a DirectAccess Server that is accessible by using the name directaccess.fabrikam.com.
On the DirectAccess server, you install a new server certificate that has a subject name of directaccess.contoso.com, and then you configure DNS records for directaccess.contoso.com You need to change the endpoint name for DirectAccess to directaccess.contoso.com What command should you run? To answer, select the appropriate options in the answer area.

Answer:
Explanation:



NEW QUESTION: 2

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

NEW QUESTION: 3
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.

This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
Which of the three phrases in the investment banker's report is least likely to be correct?
A. Phrase 1.
B. Phrase 3.
C. Phrase 2.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Given the assumptions of a constant growth model, the justified forward P/E is smaller than the justified trailing P/E. The equations for the two concepts are:

The Trailing P/E will equal the Forward P/E times (1 +g)
The other two phrases from the investment banker are correct. (Study Session 11, LOS 40.g)


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