M8 Set 1-4 (PDF)
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M1A Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M1A Exam Question
A contract made on SGX-ST can be cancelled only if:
a) delivery fails
b) payment is not made on delivery
c) the share registrar refuses to register a transfer
d) the CMS licence holders to an error trade have agreed to the cancellation
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M9 Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M9 Exam Question
The premiums of life insurance policies are calculated by professionals known as:
a) Actuaries.
b) Calculators.
c) Adjustors.
d) Insurance analysts.
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M6A Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M6A Exam Question
Which of the following statements is NOT true regarding foreign exchange swap agreements?
a) It is a contract in which one party borrows one currency from one party and simultaneously lends another currency to another party.
b) Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the foreign exchange forward rate as determined by the contract.
c) Foreign exchange swaps can eliminate foreign exchange rate risks.
d) Foreign exchange swaps have counter-party risks.
