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NEW QUESTION: 1
A. Option C
B. Option D
C. Option B
D. Option A
Answer: D
NEW QUESTION: 2
Clark Watson wants to purchase 300 shares of Babylon High Income fund, an open-end fund. How much must Clark pay to Babylon, if the fund has an NAV of $55.40 and a front-end load of 5%?
A. $17,494.73
B. $17,451.00
C. $15,789.00
Answer: A
Explanation:
Load funds charge investors an initial sales charge. The charge is made when an investor buys the shares (front-end load). The offering price of a load fund equals the NAV of the fund plus the load. Watson needs to have $16,620 (300 x $55.40) in his account after the fund has taken out 5% load from whatever amount Clark pays. In other words, Clark must tender enough funds so that 95% of those funds equal $16,620: Funds required = $16,620/0.95 = $17,494.73
NEW QUESTION: 3
A user has launched an EC2 instance and installed a website with the Apache webserver. The webserver
is running but the user is not able to access the website from the internet. What can be the possible
reason for this failure?
A. The instance is not configured with the proper key-pairs.
B. The security group of the instance is not configured properly.
C. The Apache website cannot be accessed from the internet.
D. Instance is not configured with an elastic IP.
Answer: B
Explanation:
In Amazon Web Services, when a user has configured an instance with Apache, the user needs to ensure
that the ports in the security group are opened as configured in Apache config. E.g. If Apache is running
on port 80, the user should open port 80 in the security group.
Reference: http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/using-network-security.html
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