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NEW QUESTION: 1
Steve Sharp sees a quote for a mutual fund that indicates the fund has a net asset value (NAV) of $26.60
and a public offering price (POP) of $28.00. Based on this, Mr. Sharp quickly ascertains that this fund
must have:
A. either a front-end or rear-end load of 5.3%.
B. a front-end load of 5.0%.
C. a front-end load of 5.3%.
D. either a front-end or rear-end load of 5.0%.
Answer: B
Explanation:
A mutual fund that is reported to have a NAV of $26.60 and a POP of $28.00 must have a
front-end load of 5.0%. Front-end load = (POP - NAV)/POP = ($28.00 - $26.60)/$28.00 = 5.0%.
NEW QUESTION: 2
What can be a challenging aspect of deploying a Fibre Channel storage solution?
A. They occupy ports on networking swatches that could be used by endpoint devices.
B. Each Fibre Channel storage device must be directly attached to a single server.
C. They are more costly and tougher to manage than alternative solutions.
D. Fibre Channel offers inadequate network speeds with 8Gbps as the maximum.
Answer: C
Explanation:
NEW QUESTION: 3
A. Option B
B. Option C
C. Option A
D. Option D
Answer: A