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NEW QUESTION: 1
In the visual editor for advanced formulas, which of the following formula options can you select? Note:
There are 2 correct Answers to this question.
A. Comment
B. Repeat
C. Round
D. Lookup
Answer: C,D
NEW QUESTION: 2
This CLI command is valid configure vlan default ipaddress 10.10.1.1/24 255.255.255.0.
A. TRUE
B. FALSE
Answer: B
NEW QUESTION: 3
In its prospectus, the YourMoney Mutual Fund provides charts and tables of its average annual return
over the past year, three years, five years, and ten years. The fund's return has indeed been phenomenal
over this time period, beating the S&P 500 Index by at least 15%. The prospectus states that this is
because the fund invests in securities that are riskier and that, therefore, an investor can expect the fund
to continue earning a return higher than the S&P 500 Index. Is YourMoney guilty of any security
violations?
A. Yes. There is no way the fund could have beaten the S&P 500 Index by at least 15% over the past ten
years. The fund is obviously misstating its returns.
B. No. YourMoney properly revealed to prospective investors the fact that its higher than average returns
are the result of its investment in riskier securities.
C. No. Regulations require only that the mutual fund provide charts and tables of its average annual
returns, with a statement comparing the fund performance with a relevant market index.YourMoney has
done this and more.
D. Yes. YourMoney is guilty of fraud in claiming that "an investor can expect the fund to continue earning
a return higher than the S&P 500 Index." Past performance is no indication of future performance.
Answer: D
Explanation:
Yes. YourMoney is guilty of fraud in its claim that "an investor can expect the fund to
continue earning a return higher than the S&P 500 Index." Past performance is no indication of future
performance, and this statement is clearly a misstatement of a material fact. In fact, because the
securities the fund invests in are riskier than average, the fund returns can be expected to fall harder than
the S&P 500 Index in a market downturn.