Internationally, USD FRAs are settled with reference to which market rate?
Answer : A
EURIBOR is a:
Answer : A
An interest rate CAP can be defined as:
Answer : B
As to futures contracts:
Answer : A
Which of these statements is correct?
Answer : B
You bought a 6x9 EUR 8,000,000.00 FRA at 0.75%. Settlement is now due and 3 months
(90 days) EURIBOR is 0.25%. What amount do you pay or receive?
Answer : C
What deals are usually associated with a collar?
Answer : B
Which of the following is true about interest rate swaps (IRS)?
Answer : D
When is the settlement amount of a FRA normally payable?
Answer : A
What financial product involves exchanging a fixed interest rate for a floating interest rate?
Answer : C
What is a junk bond?
Answer : B
In a scenario where long-term interest rates are higher than short-term interest rates, the yield curve would best be described as:
Answer : C
A USD 1,0000,000.00 US Treasury Bill (91 days) is offered at a discount rate of 0.75%.
The offer price will be:
Answer : B
Major amendments to a prospectus can be made:
Answer : B