爱考云 - 搜题找答案神器_海量试题解析在线查

题目 Gamma Industries, Inc. issues an inverse floater with a face value of USD 50,000,000 that pays a semiannual coupon of 11.50% minus LIBOR. Gamma Industries intends to execute an arbitrage [...]

题目 What is the purpose of margin payments associated with futures contracts? 选项 A.To reduce the maintenance cost for participants. B.To reduce the credit risk for participants. C.To reduce [...]

题目 To utilize the cash position of assets under management, a portfolio manager enters into a long futures position on the S&P 500 index with a multiplier of 250. The cash position is $15 [...]

题目 The current price of Commodity X in the spot market is $42.47. Forward contracts for delivery of Commodity X in one year are trading at a price of $43.11. If the current continuously [...]

题目 It is June 2 and a fund manager with USD 10 million invested in government bonds is concerned that interest rates will be highly volatile over the next three months. The manager decides to use [...]

题目 A portfolio manager has asked each of four analysts to use Monte Carlo simulation to price a path-dependent derivative contract on a stock. The derivative expires in nine months and the [...]

题目 Which of the following statements best describes marking-to-market of a futures contract? At the: 选项 A.End of the day, the maintenance margin is increased for traders who lost and [...]

题目 A Eurodollar futures price changes from 98.00 to 97.20. What is the gain/loss to an investor who is long one contract? 选项 A.LIBOR decreased by 80 basis point for a loss (to the long [...]

题目 A trader executes a $200 million 5-year pay fixed swap with one client (duration 4.36) and a $100 million 10-year receive fixed swap with another client (duration 7.66) shortly afterwards. [...]

题目 Assume a corporate bond with a face value of $1,000 that pays a semi-annual coupon (coupons pay January and July 1st) with a 12.0% coupon rate. The bond settles on June 13th, 2014 and matures, [...]