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NEW QUESTION: 1
A. Option D
B. Option B
C. Option C
D. Option A
Answer: C
NEW QUESTION: 2
Bonds are most often quoted as a percentage of:
A. face value
B. book value
C. market value
D. whatever value the broker says
Answer: A
Explanation:
Explanation/Reference:
Explanation: face value. The price is 100.00 if the yield is the same as the coupon rate. A price of less than
100.00 means the yield is higher than the coupon rate. A price of more than 100.00 means the yield is lower than the coupon rate. The prices are a percentage of 100.00. However, treasury bonds and municipal bonds are not quoted in this way.
NEW QUESTION: 3
If spot GBP/CHF is quoted 2.3875-80 and the 3-month forward outright is 2.3660-70, what are the forward points?
A. 210/215
B. 215/210
C. 21.5/21
D. 21/21.5
Answer: B
NEW QUESTION: 4
Drag and Drop Questions
Answer:
Explanation: