1. You have RM5 millions to invest. You have the following information on money market instruments and Bursa Malaysia Derivatives FKB3 as follows:

Money Market and Bursa Malaysia Derivatives (FKB3) information
3-month KLIBOR	8% (90 days till 24 September)
6-month KLIBOR	9% (180 days till 23 December)
3-month KLIBOR futures	93.5 (maturing 23 September)

What is the correct price for the 3-month KLIBOR futures contract?

a. 98.0

b. 90.2

c. 91.2

d. 90.8

2. Which of the following is NOT a Single Stock Futures (SSF) offered by Bursa Malaysia Derivatives?

a. CIMB Group Holding Berhad

b. Gamuda Berhad

c. DRB-Hicom Berhad

d. RHB Capital Berhad

3. The reverse cash and carry strategy would only be appropriate if:

a. It can be implemented at any situation.

b. Futures and spot are equal in price.

c. Futures price is overpriced relative to spot.

d. Futures price is under priced relative to spot.