1.A syndicated bank facility is

a. a group of dealers that markets a government bond issue.

b. a group of investment banks underwriting a large security issue.

c. a group of brokers illegally making use of insider information.

d. a group of commercial banks that agrees to accept the checks of each other's depositors.

e none of the above.

2. Why is an Environment, Social Responsibility and Governance (ESG) rating important?

a. Poor ESG rating will expose firm's shareholders to the potential of significant losses in the long run.

b. It indicates how well the firm handle environmental and social risk.

c. All of these stated options are the reasons.

d. it indicates how well the firm handle other risks in general.

3. A(n) ________ is a cash-settled, over-the-counter forward contract that allows a company to fix an interest rate to be applied to a specified future interest period on a notional principal amount.

a. exchange of principal

b. interest rate currency swap

c. syndicated loan

d. dual currency bond

e. forward rate agreement