Which of the following is NOT a vlue-weighted index?
A. CAC40
B. S&P 500
C. FTSE10C0
D. DJIA
正解:D
質問 2:
What is the credit spread on a corporate bond?
A. The difference in price between a corporate bond and a benchmark treasury
B. The increased size of the bid/ask spread in a trade price
C. The difference between the coupon rate of a corporate bond and the dividend of the issuing company
D. The additional yield required by investors to offset the credit risk of the security
正解:D
質問 3:
A company raises money in the capital markets by issuing a bond that is offered for sale by the issuing bank. Which of the following best describes this deal?
A. Primary market deal
B. Drawdown on a borrowing facility
C. Overdraft transaction
D. Secondary market deal
正解:A
質問 4:
You hold a call option on a stock with a strike of EUR 35. The current premium for this option is EUR 3.80 and the underlying stock is trading at EUR 32. How much of this option price represents time value?
A. None as the option is in-the-money
B. EUR 3.00
C. EUR 0.80
D. EUR 3.80
正解:D
質問 5:
You have asked a bank to give you a rate at which you can sell SEK (Sweish Krone) and buy NOK (Norwegian Krone) for delivery in two days. What is the name of this sort of FX rate?
A. Quote rate
B. Forward rate
C. Dual rate
D. Cross rate
正解:D