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Exam Code: IAM-Certificate
Exam Name: The Institute of Asset Management Certificate
Vendor: IAM

60 Questions & Answers
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NEW QUESTION: 1
You create a workflow and set the scope to User (default). User A owns the workflow. User
B is making bulk changes on records that will trigger the workflow. Which records will this workflow affect?
A. records owned by User B
B. records owned by User A
C. records owned by either User A or User B
D. records owned by users in the same business unit as User B
Answer: B

NEW QUESTION: 2
Refer to the exhibit.

You received this debug output to troubleshoot a Cisco IOS MGCP gateway call quality
issue at a customer site. Which statement about this message is true?
A. The MGCP gateway is responding to an AUEP message from Cisco Unified Communications Manager to poll the call statistics of a terminating call.
B. The MGCP gateway is responding to an AUCX message from Cisco Unified Communications Manager about an active call.
C. The MGCP gateway is responding to an RQNT message from Cisco Unified Communications Manager to poll the call statistics of an active call.
D. The MGCP gateway is responding to a DLCX message from Cisco Unified Communications Manager about a terminating call.
E. The MGCP gateway is responding to an MDCX message from Cisco Unified Communications Manager during a call setup.
Answer: D

NEW QUESTION: 3
A company is running a three-tier web application to process credit card payments. The front-end user interface consists of static webpages. The application tier can have long-running processes The database tier uses MySQL.
The application is currently running on a single, general purpose large Amazon EC2 instance A solutions architect needs to decouple the services to make the web application highly available.
Which solution would provide the HIGHEST availability?
A. Move static assets to Amazon CloudFront Leave the application in EC2 in an Auto Scaling group. Move the database to Amazon RDS to deploy Multi-AZ.
B. Move static assets and the application into a medium EC2 instance. Leave the database on the large instance. Place both instances in an Auto Scaling group.
C. Move static assets to Amazon S3. Move the application to AWS Lambda with the concurrency limit set. Move the database to Amazon DynamoDB with on-demand enabled.
D. Move static assets to Amazon S3. Move the application to Amazon Elastic Container Service (Amazon ECS) containers with Auto Scaling enabled. Move the database to Amazon RDS to deploy Multi-AZ
Answer: A

NEW QUESTION: 4
Gulf Electric Company (GEC) uses only debt and equity in its capital structure. It can borrow unlimited amounts at an interest rate of 10 percent so long as it finances at its target capital structure, which calls for
55 percent debt and 45 percent common equity. Its last dividend was $2.20; its expected constant growth rate is 6 percent; its stock sells on the NYSE at a price of $35; and new stock would net the company $30 per share after flotation costs. GEC's tax rate is 40 percent, and it expects to have $100 million of retained earnings this year. GEC has two projects available: Project A has a cost of $200 million and a rate of return of 13 percent, while Project B has a cost of $125 million and a rate of return of 10 percent. All of the company's potential projects are equally risky. Assume now that GEC needs to raise $300 million in new capital. What is GEC's marginal cost of capital for evaluating the $300 million in capital projects and any others that might arise during the year?
A. 9.00%
B. 9.50%
C. 13.77%
D. 12.66%
E. 6.00%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
k(d) (interest rate on the firm's new debt) = 10%;
k(d)(1 - T) (after-tax component cost of debt) = 10%(0.6) = 6%.
D/A = 55%
D(0) = $2.20
g = 6%
P(0) = $35
P(N) = $35
T (The firm's marginal tax rate) = 40%
Retained earnings = $100M; BP(RE) = $100M/ .45 = $222.22M
k(s) (component cost of retained earnings) = $2.33/$35 + 6% = 12.66%
k(e) (component cost of external equity) = $2.33/$30 + 6% = 13.77%.
WACC (Weighted Average Cost of Capital) (1) = 0.55(6%) + 0.45(12.66%) = 9.0% WACC(2) = 0.55(6%) +
0.45(13.77%) = 9.5%


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