Question 31
Which of the following is most likely incorrect?
Question 32
Which of the following statements is (are) true regarding currency denomination of a bond?
I). An issue in which payments to bondholders are in U.S dollars is called a dollar-denominated issue.
II). A non-dollar denominated issue is one in which payments are not denominated in dollars.
III). An issue whose coupon payments are in one currency and whose principal payment is in another currency is called a dual-currency issue.
I). An issue in which payments to bondholders are in U.S dollars is called a dollar-denominated issue.
II). A non-dollar denominated issue is one in which payments are not denominated in dollars.
III). An issue whose coupon payments are in one currency and whose principal payment is in another currency is called a dual-currency issue.
Question 33
Which of the following would cause the price of a put option to increase?
I). An increase in the price of the underlying security.
II). An increase in the exercise price.
III). An increase in the volatility of the underlying security.
I). An increase in the price of the underlying security.
II). An increase in the exercise price.
III). An increase in the volatility of the underlying security.
Question 34
Which of the following transactions belong to the current account?
I). Unrequited transfers.
II). Purchase of a foreign company.
III). Income from foreign investments.
I). Unrequited transfers.
II). Purchase of a foreign company.
III). Income from foreign investments.
Question 35
The benefits provided by investment companies include all of the following except: