最新的ICMA FMFQ免費考試真題

問題1

The borrowings of which of the following are most likely to be driven by regulatory capital requirements?

A. Banks

B. Supra nationals

C. Corporates

D. Governments

正確答案: A

問題2

How are equity prices expressed?

A. As yields

B. As percentage of the value of the company

C. As percentage of the nominal values of the share

D. As monetary units per share

正確答案: D

問題3

Thinking about dealing on two-way prices, which of the following statements is not true?

A. Price-makers buy high and sell low

B. Price-takers sell low and buy high

C. Price-makers quote higher offers than bids

D. Price-takers prefer higher bids and lower offers

正確答案: A

問題4

Which of the following best describes LIBOR?

A. The average rate at which wholesale bank deposits have taken place over the past 24 hours (since the last LIBOR fix)

B. The average rate at which wholesale banks have offered money to their customers over the past 24 hours (since the last LIBOR fix)

C. The average rate at which wholesale banks are offering one another money at fixing time

D. The highest rate at which wholesale banks are offering one another money at fixing time

正確答案: C

問題5

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

A. 6 month rate and 18 month rate

B. 6 month rate and 9 month rate

C. 3 month rate and 9 month rate

D. 3 month rate and 6 month rate

正確答案: D

最新的ICMA Financial Markets Foundation Qualification - FMFQ免費考試真題