ICMA FMFQ Practice Questions| TestInsights

Question 1

The price of a 3x6 FRA will be determined by reference to which of the following interest rates?

A3 month rate and 9 month rate

B3 month rate and 6 month rate

C6 month rate and 9 month rate

D6 month rate and 18 month rate

Correct : B

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

A3 month rate and 9 month rate

B3 month rate and 6 month rate

C6 month rate and 9 month rate

D6 month rate and 18 month rate

Question 2

How is the yield curve normally represented?

AYield against term

BCoupon against term

CYield against coupon

DYield against price

Correct : A

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AYield against term

BCoupon against term

CYield against coupon

DYield against price

Question 3

Which of the following would be considered a consumption asset?

ALand

BBuildings

CHeavy equipment

DFood and drink

Correct : D

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

ALand

BBuildings

CHeavy equipment

DFood and drink

Question 4

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

AS&P 500

BFTSE10C0

CCAC40

DDJIA

Correct : D

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AS&P 500

BFTSE10C0

CCAC40

DDJIA

Question 5

What is the credit spread on a corporate bond?

AThe increased size of the bid/ask spread in a trade price

BThe difference in price between a corporate bond and a benchmark treasury

CThe additional yield required by investors to offset the credit risk of the security

DThe difference between the coupon rate of a corporate bond and the dividend of the issuing company

Correct : C

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AThe increased size of the bid/ask spread in a trade price

BThe difference in price between a corporate bond and a benchmark treasury

CThe additional yield required by investors to offset the credit risk of the security

DThe difference between the coupon rate of a corporate bond and the dividend of the issuing company

Curious about Actual ICMA FMFQ (FMFQ) Exam Questions?

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users: