If today is Monday 1st March, and I enter into a 1-month forward Foreign Exchange transaction. The value date will be: A) March 31st B) April 1st C) April 2nd D) April 3rd

In the 3rd quarter of 2020 Corporations were : A) big issuers of bonds to raise finance for takeovers B) big issuers of bonds to build a financial war chest to prepare for a tough economic environment C) not big issuers of bonds as they had already borrowed heavily in the 2nd quarter D) not big issuers of bonds because investors were not prepared to buy in the current climate.

You, a UK client wish to undertake a Forward foreign exchange transaction buying USD and selling GBP. Interest rates in the UK are 2% lower than in the US. The current GBP/USD spot rate is 1.3000 What will be the approximate 1-year forward rate? A) GBP/USD 1.2740 B) GBP/USD 1.3260 C) GBP/USD 1.2840 D) GBP/USD 1.3000 as the interest rate differential payment will be calculated separately

(I) The Principal Strip and the Coupon Strip matching the maturity of the bond will likely trade at the same yield (II) The Principal Strip and the Coupon Strip matching the maturity of the bond will likely trade at the different yields (III) The Duration of a Zero Coupon bond is the same as the life of the bond

A) (I) is true, (II) false, (III) is false. B) (I) is false, (II) true, (III) is true. C) (I) is true, (II) false, (III) is true D) (I) is false, (II) false, (III) true