CM-LIC (Set 1)
SGD 39.90
4 Sep 2025
CM-LIC 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.
You may also like…
-
CM-LIC (Set 2)
SGD 39.90 Add to cart4 Sep 2025
CM-LIC Exam Question
When the futures price is higher than the spot price, the situation is known as:
a) Contango.
b) Backwardation.
c) Basis.
d) Variation.
Related products
-
CM-EIP (Set 1)
SGD 39.90 Add to cart4 Sep 2025
CM-EIP Exam Question
Which of the following statements are NOT true regarding Single Stock Futures (SSFs)?
a) In a short SSF position, the investor is obligated to deliver the stock.
b) SSF will closely follow the underlying stock's movement.
c) SSF contracts can usually be financed by margin.
d) SSFs are futures contracts between two parties to exchange a specified number of stocks in a company for a price agreed today.
-
CM-CIS (Set 2)
SGD 39.90 Add to cart4 Sep 2025
CM-CIS Exam Question
Structured Funds have which of the following types of characteristics compared to other types of wrappers?
a) High administrative cost.
b) Capital guaranteed.
c) Flexibility.
d) Transparency.
-
CM-EIP (Set 2)
SGD 39.90 Add to cart4 Sep 2025
CM-EIP Exam Question
Which of the following types of bonds have the highest volatility?
a) High coupon rate
b) Short term to maturity
c) Low yield to maturity
d) High coupon rate and short term to maturity
