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notes: i hope the answer can be fully complete as i hope to not get one only A-Select the following interest that is charged at

notes: i hope the answer can be fully complete as i hope to not get one only

A-Select the following interest that is charged at the end of the period and added to the outstanding balance of loan.

Select one:

A. Annual percentage rate

B. Compound interest

C. Discount rate

D. Coupon rate

B-Given a 3-month KLIBOR =5%, Spread =2%, SRR =4%, and OPR=3%, compute the variable interest rate?

Select one:

A. 7.21%

B. 8.33%

C. 5.21%

D. 3.13%

C-En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment he receives RM10,000. What is the interest rate used in En Tamrins investment?

Select one:

A. Coupon interest

B. Discount interest

C. Compound interest

D. Flat interest

En Tamrin invests RM9,000 in an investment paper for 1 year that pays an interest rate of 10%. At the end of one year on the maturity of the investment he receives RM10,000. Calculate En Tamrin effective rate of return.

Select one:

A. 11.11%

B. 10.11%

C. 12.11%

D. 9.11%

Johns car loan RM40,000 is charged at 2.5% p.a. flat for 4 years. Compute the total interest charged on Johns loan.

Select one:

A. RM4,000

B. RM208.33

C. RM64,000

D. RM2,083

e-SPICK and interbank GIRO are part of the __________ .

Select one:

A.

Scripless Securities Trading System (SSTS)

B.

Retail Payment System (RPS)

C.

RENTAS

D.

Large Value Interbank Payment System (LVPS)

One of the banks money-market activities is ___________________.

Select one:

A.

managing the customers current accounts

B.

managing the banks liquid assets

C.

managing the banks fixed assets

D.

accepting saving account deposit

Which of the following is the most liquid money market instrument in Malaysia due to its active secondary market and relatively short term to maturity?

Select one:

A. Malaysian Government Securities (MGS)

B. Repurchase agreements

C. Corporate bond

D. Eurodollars bond

Bintan Bank clearing account with BNM is in a short position in today cheque clearing. Suggest what action Bintang Bank need to take.

Select one:

A. Buy Treasury Bills

B. Lend out money overnight in the money market

C. Borrow money overnight to cover the short position

D. Invest in short term commercial paper

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