M8

Showing all 2 results

  • CMFAS M8 (Set 1)

    SGD 39.90 Add to cart

    3 Apr 2025

    CMFAS M8 Exam Question

    Which of the following actions can be taken to secure a price now to protect against future declining prices of a commodity?

    a) Go long on the commodity futures contract.

    b) Go short on the commodity futures contract.

    c) Sell all existing stock of the commodity.

    d) Buy more stock of the commodity.

  • CMFAS M8 (Set 2)

    SGD 39.90 Add to cart

    3 Apr 2025

    CMFAS M8 Exam Question

    Which of the following is NOT true regarding banker’s acceptances?

    a) They are used to facilitate international commercial trade transactions.

    b) They represent a claim on the issuing bank.

    c) They have no maturity date.

    d) They are issued at a discount to face value.