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NEW QUESTION: 1
The 'transformation line' expresses the relationship between
A. Asset beta and expected return
B. The risk free rate and expected market risk premiums
C. Expected risk and return for all portfolios lying on the efficient frontier
D. Expected risk and return for a portfolio comprising a riskless asset and a risky bundle
Answer: D
Explanation:
Explanation
The transformation line represents the various possible combinations of the 'risky bundle' and the risk free asset. Investors can choose different combinations of the risky and risk-free asset depending upon their risk appetite. The transformation line meets the y-axis (portfolio returns) at the point equal to the risk free rate.
Choice 'a' is the correct answer and the rest are incorrect.
The highest possible transformation line, ie the transformation line with the maximum slope, is the transformation line joining the risk free rate on the y-axis and the portfolio with the maximum Sharpe ratio on the efficient frontier. This line is called the 'capital markets line'. Investors can pick any point on this line according to their risk appetite, and doing so would maximize the return they can obtain for their desired level of risk. The capital markets line is tangential to the efficient frontier. The Sharpe ratio stays constant throughout the CML.
Remember that the transformation line and the capital markets lines are different from each other - there is only one CML for an efficient frontier, whereas there can be multiple transformation lines.
NEW QUESTION: 2
Durch welche der folgenden Angriffe kann die Zwei-Faktor-Authentifizierung umgangen werden?
A. Mann in der Mitte
B. Schlüsselprotokollierung
C. Brute Force
D. Denial-of-Service
Answer: A
Explanation:
Erläuterung:
Ein Man-in-the-Middle-Angriff ähnelt dem Huckepack-Angriff, indem der Angreifer vorgibt, das legitime Ziel zu sein, und dann lediglich das, was vom autorisierten Benutzer gesendet wurde, zusammen mit zusätzlichen Transaktionen, nachdem die Authentifizierung akzeptiert wurde, erneut überträgt. Ein Denial-of-Service-Angriff hat keine Beziehung zur Authentifizierung. Schlüsselprotokollierung und Brute Force könnten eine normale Authentifizierung umgehen, jedoch keine Zwei-Faktor-Authentifizierung.
NEW QUESTION: 3
Which knowledge area employs the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information?
A. Project Integration Management
B. Project Communications Management
C. Project Quality Management
D. Project Risk Management
Answer: B
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