Free PRMIA 8013 Exam Questions
Absolute Free 8013 Exam Practice for Comprehensive Preparation
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PRMIA 8013 Exam Questions
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Provided By: PRMIA
- Exam: PRM Exam 1: Finance Foundations
- Certification: PRM
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Total Questions: 290
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Updated On: Feb 17, 2025
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Rated: 4.9 |
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Online Users: 580
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Question 1
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What is the running yield on a 6% coupon bond selling at a clean price of $96?
Answer: B
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What is the running yield on a 6% coupon bond selling at a clean price of $96?
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Question 2
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Determine the price of a 3 year bond paying a 5% coupon. The 1,2 and 3 year spot rates are 5%, 6% and 7%
respectively. Assume a face value of $100.
Answer: A
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Determine the price of a 3 year bond paying a 5% coupon. The 1,2 and 3 year spot rates are 5%, 6% and 7%
respectively. Assume a face value of $100.
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Question 3
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The gamma of a call option is 0.08. What is the gamma of the corresponding put option?
Answer: C
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The gamma of a call option is 0.08. What is the gamma of the corresponding put option?
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Question 4
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For a forward contract on a commodity, an increase in carrying costs (all other factors remaining constant) has
the effect of:
Answer: A
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For a forward contract on a commodity, an increase in carrying costs (all other factors remaining constant) has
the effect of:
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Question 5
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The price of an interest rate cap is determined by:I. The period to which the cap relatesII. Volatility of the underlying interest rateIII. The exercise or the strike rateIV. The risk free rate
Answer: B
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The price of an interest rate cap is determined by:I. The period to which the cap relatesII. Volatility of the underlying interest rateIII. The exercise or the strike rateIV. The risk free rate