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   _____

Consider the following quote of a futures contract from the WSJ. Crude Light Oil Comp. – nymex, 1,000 bbl, $per bbl Contract               Month                  Last       Chg        Open     High       Low        Vol.                        Open Interest Light Crude Oil   Dec ’22                112.24 -0.05      112.34   113.48   111.08   190,805                355,227 One contract has 1,000 barrels of crude. How much money (rounded) do you need to buy one contract now? Assume that the exchange requires 7% initial margin.

Arbitrage is a situation where one can make some profit/gain _______

A 20-year bond with higher coupon rate would have _______ duration than/as a similar 20-year bond but with lower coupon rate.

If the spot exchange rate between U.S. $ and Chinese yuan (CNY) was $1 = CNY 6.90 yesterday and the rate is $1 = CNY 6.7 today, yuan is said to have 

Which act regulates corporate insider trading activities?

As price of the underlying asset/security increases, value of a call option contract in that asset _____ and the the value of put option contract _______>

The European Central Bank (ECB) serves as the central bank of _______

The simplest type of mutual funds to manage is a/an______ fund.

Which of the following contracts requires maintenance margin?