ICMA FMFC - Financial Markets Foundation Course Exam

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Total 50 questions

You have bought a call option on a stock at a strike of EUR 29, and paid a premium of EUR
1.5 for this option. What is your breakeven price on this position?

  • A. EUR 27.50
  • B. EUR 29.00
  • C. EUR 30.50
  • D. EUR 32.00


Answer : C

What type of bond is a "Yankee" bond?

  • A. Government bond
  • B. Eurobond
  • C. Domestic foreign bond
  • D. Global bond


Answer : C

Which of the following would not be expected to execute market deals?

  • A. Salesperson
  • B. Trader
  • C. Operations manager
  • D. Fund manager


Answer : C

Which of the following is NOT a vlue-weighted index?

  • A. S&P 500
  • B. FTSE10C0
  • C. CAC40
  • D. DJIA


Answer : D

Futures contracts are described as fungible (i.e. each contract is the same as all others).
Why is this true?

  • A. Because the contract terms are negotiable
  • B. Because the contract periods run consecutively
  • C. Because the clearing house acts as a counterparty to all trades
  • D. Because the clearing house is allowed to run long and short positions


Answer : C

Page:    1 / 10   
Total 50 questions