爱考云 - 搜题找答案神器_海量试题解析在线查

题目 An investor has entered into a forward rate agreement where she has contracted to pay a fixed rate of 5 percent on $5,000,000 based on the quarterly rate in three months. If interest rates are [...]

题目 On January 1, a risk manager observes that the one-year continuously compounded interest rate is 5% and storage costs of a commodity product A is USD 0.05 per quarter (payable at each quarter [...]

题目 A company plans to borrow $3.0 million for three months starting in one year. The Eurodollar futures contract that matures in one year has a quoted price of 98.00 and the company wants to [...]

题目 An annuity pays $10 every year for 100 years and currently costs $100. The YTM is closest to: 选项 A.5% B.7% C.9% D.10% 答案 D 解析 YTM=C/PV=10/100=10% [...]

题目 The price of a $100 par zero-coupon bond with four (4) years to maturity is $88.00. The price of a $100 par zero-coupon bond with five (5) years to maturity is $82.00. Under continuous [...]

题目 An individual that maintains bid and offer prices in a given security and stands ready to buy or sell lots of said security is: 选项 A.a hedger B.an arbitrageur C.a speculator D.a market [...]

题目 The highest price a dealer is willing to pay to purchase a security is the: 选项 A.exercise price. B.offer price. C.strike price. D.bid price. 答案 D 解析 The bid price is the highest [...]

题目 Which of the following risks facing a central counterparty (CCP) is most likely to be introduced during a market crisis? 选项 A.Default risk. B.Liquidity risk. C.Operational risk. [...]

题目 The Treasury bond futures contract allows the party with the short position to choose to deliver any bond that has a maturity between 15 and 25 years. Assume a certain bond that is valid for [...]

题目 Each of the following statements about futures and/or forwards is true EXCEPT which is false? 选项 A.Margin requirements are the same on short futures positions as they are on long futures [...]