Question 1

Which one of the following four relationships should be used to price equity forwards or futures?
  • Question 2

    To estimate the price of gold forwards, an investment analyst focuses on the cost of holding physical gold
    (bullion) and the cost of shorting the same. Given that physical gold spot price is $1,000, the annual risk-free
    rate is 5%, and the gold lease rate equals 2% annually, the analyst's best estimate of the gold forward price to
    equal
  • Question 3

    Altman's Z-score incorporates all the following variables that are predictive of bankruptcy EXCEPT:
  • Question 4

    Which one of the four following activities is NOT a component of the daily VaR computing process?
  • Question 5

    In the United States, foreign exchange derivative transactions typically occur between