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Exam Code: ACT-Math
Exam Name: ACT American College Testing: Math Section
Vendor: ACT

60 Questions & Answers
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NEW QUESTION: 1
XY purchased $100,000 of quoted 8% bonds in the current year which it intends to hold until redemption.
Which of the following identifies the correct classification and subsequent measurement basis for this financial instrument?
A. A held to maturity financial asset subsequently measured at amortised cost.
B. A loans and receivables financial asset subsequently measured at fair value with gains and losses in reserves.
C. A loans and receivables financial asset subsequently measured at amortised cost.
D. A held to maturity financial asset subsequently measured at fair value with gains and losses in reserves.
Answer: A

NEW QUESTION: 2
Which can be added as Backup Repositories? (select three)
A. NFS
B. CIFS
C. Linux Server
D. SMBv3
E. Microsoft Windows Server
Answer: B,C,E
Explanation:
Reference: http://helpcenter.veeam.com/backup/80/vsphere/repository_type.html

NEW QUESTION: 3
A firm follows the simple growth model and can invest $1000 every year into new projects which have a rate of return of 17%. Each project generates a constant stream of earnings year after year. The firm's stock has a required rate of return of 13%. If the firm is founded today, the firm value equals ________.
A. $2,440
B. $1,895
C. $3,165
D. $2,675
Answer: D
Explanation:
Explanation/Reference:
Explanation:
You should be careful in solving such a problem.
Suppose the firm invests $1,000 today in a project. This first project generates a constant stream of perpetuity with an annual payment of $1,000 * 0.17 = $170. The present value of this stream is 170/0.13
$1,307.6. The NPV of the project is then $1,307.6 - $1,000 = $307.6. Since the firm does this every year, it has a perpetuity of $307.6 (the NPVs of projects 2 and on, at the time the projects are started).The present value of these NPVs is $307.6/0.13 = $2,367. Thus, the total value of the firm is $2,367 + $307.6 (first project) = $2,675.

NEW QUESTION: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen
Your company has a project in Azure DevOps for a new web application.
You need to ensure that when code is checked in, a build runs automatically.
Solution: From the Continuous deployment trigger settings of the release pipeline, you enable the Pull request trigger setting.
Does the meet the goal?
A. Yes
B. No
Answer: B
Explanation:
In Visual Designer you enable continuous integration (CI) by:
* Select the Triggers tab.
* Enable Continuous integration.
References:
https://docs.microsoft.com/en-us/azure/devops/pipelines/get-started-designer


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