[PDF] Top 20 CFA 2018 Quest Bank R57 Derivative Markets and Instruments Q Bank

... 25. Microsoft issues 10-year fixed-rate bonds. Its treasurer expects interest rates to increase for all maturities for at least the next 2 years. He enters into a 2-year agreement with SCB to receive semi-annual ... Lihat dokumen lengkap

... 3. B is correct. A sinking fund arrangement allows for the retirement of bond on an annual basis based on a random drawing. A serial maturity structure, a stated number of bonds mature and are paid off each year ... Lihat dokumen lengkap

... 4. A is correct. A decision to venture into new markets would increase the company's revenue and profits which is in the interest of both shareholders and employees. In a takeover scenario, the ... Lihat dokumen lengkap

... 31. A is correct. If a decrease in the central bank’s policy rate is successfully transmitted via the money markets to other parts of the financial sector, consumer demand might increase as the rate of interest on ... Lihat dokumen lengkap

... 5. A is correct. The IOSCO is not a regulator of financial markets. To ensure consistent application of international financial standards, it is important to have uniform regulation and enforcement across ... Lihat dokumen lengkap

... sector and studies GSK in ...earnings and sales forecasts, and risk estimates as well as economic growth, inflation and interest rates ...assumes markets are: ... Lihat dokumen lengkap

... stocks and fixed income instruments at the start of the ...portfolio and generated year-end return of 35%, whereas the fixed income instruments yielded ...income instruments‟ returns ... Lihat dokumen lengkap

... 26. PSO and NRL stocks are currently priced at PKR 250 per share. Over the next year, PSO stock is expected to pay dividends whereas NRL stock is not expected to pay dividends. There are no carrying costs ... Lihat dokumen lengkap

... [r] ... Lihat dokumen lengkap

... 30. The market price of a company's stock is $5 per share with 100 million shares outstanding. The company decides to use its cash reserves to undertake a $20 million share buyback. Just prior to the buyback, the company ... Lihat dokumen lengkap

... B. The deadweight loss must be smaller than the benefit of its improving terms of trade. C. It must auction the import licenses for a fee to offset the decline in the consumer surplus. 17. The diagram below shows the ... Lihat dokumen lengkap

... 26. B is correct. Quintiles divide data into five parts. Hence the first quintile corresponds to the 20 th percentile and the second quintile corresponds to the 40 th percentile. The location can be determined ... Lihat dokumen lengkap

... euros and passes the notional amount in euros to the swap ...dealer and passes it to the Eurozone lender, and pays a fixed-rate TRY payment to the ...dealer and receives the notional amount in ... Lihat dokumen lengkap

... 16. GP Asset Management Company is defined as a firm according to GIPS standards. The firm‟s inception date is 1 January 2013, and it has been in existence for less than five years. After it builds up ... Lihat dokumen lengkap

... provision and the conversion provision are options that benefit the ...bonds and convertible bonds sell at higher prices and lower yields relative to otherwise similar bonds that lack those ...prices ... Lihat dokumen lengkap

... The initial value of the stock is 100. From historical data, it has been observed that the probability of an up move in any given period is 30% and the probability of a down move in any given period is 70%. Using ... Lihat dokumen lengkap

... central bank is able to adjust monetary policy to maintain price ...central bank to exercise independent monetary policy to buffer its economy from inflation or deflation of the target ... Lihat dokumen lengkap

... 25. B is correct. Held-for-trading and available-for-sale securities are carried at market value, whereas held-to-maturity securities are carried at amortized cost. If the investment is reclassified as ... Lihat dokumen lengkap

... 1. Angels Corporation incurs two types of depreciation expenses. Depreciation is charged on the factory machinery used for production purposes and for office equipment. The accountant of the firm presents both ... Lihat dokumen lengkap

... $50,000 and increase inventory by ...$25,000, and increase either cash (if cash collected in the same accounting period) or accounts receivable (if sold on credit) by ... Lihat dokumen lengkap