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NEW QUESTION: 1
Which of the following statements is false?
A. When applying the Data Format Transformation pattern, data format transformation logic
can be the responsibility of a service fa?ade component that is tasked with converting
between proprietary and standardized data formats.
B. Some transport protocols can be associated with specific data formats, in which case it
makes sense to apply the Data Format Transformation pattern together with the Protocol
Bridging pattern.
C. The Data Format Transformation pattern is applied in situations where there is a need to
convert data between disparate XML schemas.
D. The Data Format Transformation pattern is one of the patterns that comprise the Service
Broker pattern.
Answer: C
NEW QUESTION: 2
ネットワーク管理者は、0.5mi（805m）離れた2つのオフィスビル間のネットワーク帯域幅をiGbpsに増やしたいと考えています。次のうちどれが最良の解決策でしょうか？
A. Cat 6
B. Coaxial
C. Fiber
D. Plenum
Answer: C
NEW QUESTION: 3
Tamira Scott, CFA, manager of an index fund, needs to raise money soon (although not immediately) to pay taxes. Although she believes in the efficient market hypothesis (EMH), she remembers that there are a few anomalies she may take advantage of to earn higher returns. Which of the following actions is most unlikely to provide excess returns? Scott should purchase stocks in:
A. companies not followed by analysts.
B. companies with low price/earnings ratios and/or with high book to market ratios.
C. mid-December, with the intent to sell in early January.
D. companies that announce stock splits.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
According to event studies of the semi-strong form of the EMH, stock splits do not have a short run or long run impact on returns. This finding supports the EMH.
The other choices are considered anomalies. That is, they reject the semi-strong form of the EMH, and suggest that investors can earn excess returns by exploiting these anomalies. The January anomaly (from a time-series test of the semi-strong EMH) suggests that investors can earn excess returns by buying stocks in December and selling them in the first week of January, due to tax-induced trading at year-end.
Cross-sectional tests of the semi-strong form EMH have shown that low P/E stocks, stocks of firms neglected by analysts, and stocks of firms with high book to value ratios can produce superior returns.