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NEW QUESTION: 1
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)
At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Compare the 2008 long-term obligations to capitalization ratio benchmarks to Marietta's ratio. Marietta is between the:
A. BB and B benchmark ratios.
B. A and BBB benchmark ratios.
C. BBB and BB benchmark ratios.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Mariettas long-term obligations-to-capitalization ratio of 59.4% is between the BBB median (56.3%) and the BB median (68.5%).
(Study Session 14, LOS 51.c)
NEW QUESTION: 2
Which statements are value propositions of Avaya Contact Center Select? (Select two.)
A. It is an enterprise-class solution that offers simplicity without compromise, for contact centers with 30 to 250 agents that address the entire customer lifecycle.
B. It can host both outbound campaigns and communication, as well as. self-service applications to simplify and accelerate service creation, lower operating costs, and reduce total cost of ownership.
C. It enables the company to apply common branding (splash screen, labeling, etc.) and a similar look and feel.
D. It is a full-featured solution that delivers simplicity and exceptional value for contact centers with up to 100 agents focused primarily on support.
Answer: A,D
NEW QUESTION: 3
Which function does BFCP provide?
A. BFCP is a secondary video channel that is used for content such as slide presentations and desktop sharing.
B. BFCP negotiates who can send DTMF tones and when the tones are sent.
C. BFCP is used to determine who is allowed to send media to the content channel.
D. BFCP provides the ability to pan, tilt, and zoom the far end's camera.
Answer: C
Explanation:
Explanation/Reference:
http://www.cisco.com/c/en/us/td/docs/telepresence/cucm_cts/cucm_cts_admin_book/guide/ cucm_cts_admin/cucm_cts_admin_midletsfeat.html Exp: Binary Floor Control Protocol (BFCP) is used for controlling access to the media resources in a meeting. BFCP allows the CTS and the remote endpoint to view presentation and main display video simultaneously with improved presentation resolution for all third-party telepresence endpoints.
The CTS offers three media lines: one for audio, one for the main video, and the other for presentation or content using the session description protocol (SDP). Additionally, an application line is sent in the SDP for the BFCP control channel. The bandwidth of the presentation media line matches the capability of the CTS. For example, if the CTS is capable of 30 frames per second (fps), the presentation media line bandwidth will be 4Mbps.
The CTS uses BFCP over user datagram protocol (UDP) in both secure and non-secure BFCP modes.
BFCP requires a minimum CTS Release of 1.8 and a minimum Unified CM release of 8.6(2a)SU2.