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NEW QUESTION: 1
Kelly Windsor and Joe Agosti, expatriates working in Yemen, are studying for the Level 1 CFA examination. This week, they are focused on new concepts in the asset valuation material. While sitting on his balcony overlooking the desert, Agosti creates the following true/false question to test Windsor's knowledge of dollar-weighted and time-weighted returns. Which of the following statements did he make FALSE?
A. If the investment period is greater than one year, an analyst must use the geometric mean approach when using the time-weighted return method.
B. If a client adds funds to an investment during an unfavorable market, the time-weighted return will be lower than actual.
C. The time-weighted return measures the compound rate of growth of $1 over a stated time period.
D. The dollar-weighted return applies the concept of internal rate of return (IRR) to investment portfolios.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The time-weighted method is preferred because it is not affected by the timing of cash flows. This statement should read, "If a client adds funds to an investment during an unfavorable market, the dollar- weighted return will be lower than actual." The other statements are true.

NEW QUESTION: 2

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

NEW QUESTION: 3
Amazon ElastiCache는 다음 중 어떤 캐시 엔진을 지원합니까?
A. Amazon ElastiCache는 Memcached 만 지원합니다.
B. Amazon ElastiCache는 Memcached 및 Redis를 지원합니다.
C. Amazon ElastiCache는 Redis 및 WinCache를 지원합니다.
D. Amazon ElastiCache는 Memcached 및 Hazelcast를 지원합니다.
Answer: B
Explanation:
The cache engines supported by Amazon ElastiCache are Memcached and Redis.
http://docs.aws.amazon.com/AmazonElastiCache/latest/UserGuide/SelectEngine.html

NEW QUESTION: 4

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

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