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Which of the following operations can you perform using the SAP Extensibility Explorer?
NOTE: There are 3 correct answers to this question.
A. Add a new report to a standard screen.
B. Adjust the visibility property of the standard UIO fields.
C. Add embedded components to a pane.
D. Add extension fields to a standard screen.
Answer: B,C,D

Gregg Goebel and Mason Erikson are studying for the Level 1 CFA examination. They have just started the section on Portfolio Management and Erikson is having difficulty with the equations for the covariance (cov1,2) and the correlation coefficient (r1,2) for two-stock portfolios. Goebel is confident with the material and creates the following quiz for Erikson. Using the information in the table below, he asks Erickson to fill in the question marks.
Which of the following choices correctly gives the covariance for Portfolio J and the correlation coefficients for Portfolios K and L, respectively?
A. 0.110, 0.224, 0.076.
B. 0.011, 0.833, 0.056.
C. 1.680, 0.002, 0.000.
D. 0.083, 0.011, 0.417.
Answer: B
The calculations are as follows:
Portfolio J covariance= cov1,2= (r1,2) * (ꢀ1) * (ꢀ2) = 0.75 * 0.08 * 0.18 = 0.0108, or 0.011.
Portfolio K correlation coefficient= (r1,2) = cov1,2/ [ (ꢀ1) * (ꢀ2) ] = 0.02 / (0.20 * 0.12) = 0.833 Portfolio L correlation coefficient= (r1,2) = cov1,2/ [ (ꢀ1) * (ꢀ2)1/2] = 0.003 / (0.18 * 0.091/2) = 0.003 / (0.18 * 0.30) = 0.056Remember:The standard deviation is the square root of the variance. Read carefully on the exam!