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NEW QUESTION: 1
James Larson, CFA, manages a large capitalization growth mutual fund. Larson's benchmark is the Russell 1000 Growth index. Larson's colleague, Kevin Moore, CFA, manages an index fund which mimics the Russell 1000 index. Moore believes that the capital markets are fully efficient, while Larson disagrees.
Larson defends his position with the following supporting statements.
Statement 1:Market participants must be adequately compensated for processing new information to ensure the markets remain efficient. Yet a perfectly efficient market provides no incentive to sufficiently reward investors for processing new information. Hence, markets cannot be fully efficient.
Statement 2:Low trading costs have led to greater trading activity, which has had the unintended consequence of greater securities mispricing.
Are Larson's statements correct?
A. Only Statement 1 is correct.
B. Only Statement 2 is correct.
C. Yes.
Answer: A
NEW QUESTION: 2
The NAIC has developed a risk-based capital (RBC) formula for all health plans that accept risk.
One true statement about the RBC formula for health plans is that it
A. applies to all health plans in the United States
B. is a set of calculations, based on information in a health plan's annual financial report, that yields a target capital requirement for the organization
C. fails to take into account a health plan's underwriting risk, which is the risk that the premiums the health plan receives will be insufficient to pay for the healthcare services it provides to its plan members
D. fails to assess the specific level of risk faced by each health plan
Answer: B
NEW QUESTION: 3
Northern Trail Outfitters wants to include a 'view online' link in an email template to enable users to view a web page version of the email.
Which personalization string should they include as the href attribute in the link?
A. %%vawp%%
B. %%view_email_url%%
C. %%view_online%%
D. %%view_as_webpage%%
Answer: D
NEW QUESTION: 4
Given:
A. res = stuff.equals ("TV") ? "Walter" else stuff.equals ("Movie")? "White" : "No Result";
B. res = stuff.equals ("TV") ? stuff.equals ("Movie")? "Walter" : "White" : "No Result";
C. stuff.equals ("TV") ? res= "Walter" : stuff.equals ("Movie") ? res = "White" : res = "No Result";
D. res = stuff.equals ("TV")? "Walter" : stuff.equals ("Movie")? "White" : "No Result";
Answer: D