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Author Archives: Anonymous

Options contract against Google stock is an example of a ___…

Options contract against Google stock is an example of a _____ security.

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Daily settlement (or marking to the market) is an important…

Daily settlement (or marking to the market) is an important feature of which of the following contracts?

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The primary purpose of “load” in mutual funds is to provide…

The primary purpose of “load” in mutual funds is to provide compensation for brokers who help sell fund shares.

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The net asset value (NAV) or price of a mutual fund share is

The net asset value (NAV) or price of a mutual fund share is

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Investment companies 

Investment companies 

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When one of the companies in the DJIA splits its stock, the …

When one of the companies in the DJIA splits its stock, the value of DJIA in the market _____

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A put option contract will be “out-of-the money” (i.e., have…

A put option contract will be “out-of-the money” (i.e., have no value) when the market price of the underlying security exceeds the strike price.

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The foreign exchange risk can be hedged through ________ con…

The foreign exchange risk can be hedged through ________ contract(s).

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ExxonMobil would buy a futures contract in crude oil  when i…

ExxonMobil would buy a futures contract in crude oil  when it expects price of crude oil will ______.

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Consider two bonds having same time to maturity (say, 20 yea…

Consider two bonds having same time to maturity (say, 20 years). Bond A has coupon rate of 4% while bond B has coupon rate of 7%. If the required rate for the two bonds rises by  1%, price of   _____

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