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Master ICMA FMFQ Exam with Reliable Practice Questions

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Last exam update: Nov 20,2024
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Question 1

A company's share price fall below its net asset value. The company is then the subject of a takeover after which rather than being run as a going concern it is broken up and its assets sold to achieve maximum value. This is an example of which of the following strategies?


Correct : B


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Question 2

A customer wants to sell SEK and asks 4 banks for a rate. Which of the following would be the best rate for the customer?


Correct : C


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Question 3

You have just bought a USD 5,000,000 of a 3 month Commercial paper (91 days) qupted at a discount to yield of 4.5% (A/360). How much will you pay for this security?


Correct : C


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Question 4

Where is the largest centre for FX trading?


Correct : A


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Question 5

Which of the following currencies uses an Act/365 day-count in its money market transactions?


Correct : D


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