QUESTION 1

Suppose a dealer quotes 'All-in-cost' for a generic swap at9.890% against six month LIBOR flat. If the notional principal amount of swap is ` 57900

(i) Calculate semi-annual fixed payment.

(ii) Find the first floating rate payment for (i) above if the six month period from the effective date of swap to the settlement date comprises 181 days and that the corresponding LIBOR was 6.899% on the effective date of swap.

In (ii) above, if the settlement is on 'Net' basis, how much the fixed rate payer would pay to the floating rate payer?

Generic swap is based on 30/771

QUESTION 2

As per IMAs Statement of Ethical Professional Practice, a part who neglects to perform proficient obligations as per significant sta...

a) Fitness.

b) Classification

c) Honesty.

d) Believability.

QUESTION 3

As per IMAs Statement of Ethical Professional Practice, a part has an obligation to perceive proficient restrictions. Under which standa...

a) Fitness.

b) Classification

c) Honesty.

d) Believability.

QUESTION 4

In the event that an IMA part has an issue in recognizing deceptive conduct or settling a moral struggle, the principal move (s)he ought to ordinarily take is to

a) Counsel the directorate.

b) Talk about the issue with their nearby prevalent.

c) Inform the suitable law implementation office.

d) Leave the organization.

QUESTION 5

In the event that an IMA part finds deceptive lead in their association and neglects to act, (s)he will be disregarding which of IMAs moral standar...

a) Forgo taking part in any direct that would bias completing obligations accurately.

b) Convey data decently and unbiasedly.

c) sclose all applicable data that could sensibly be relied upon to impact a planned clients comprehension of detailing investigations or suggestions.

d) The entirety of the appropriate responses are right.

QUESTION 6

IMAs Statement of Ethical Professional Practice requires an IMA part to follow the set up approaches of the association when confronted with an ethi...

a) Counsel the governing body right away.

b) Talk about the issue with the prompt unrivaled if (s)he is engaged with the contention.

c) Convey the issue to specialists outside the association.

d) Contact the following higher administrative level if starting show to the prompt predominant doesn't resolve the contention.

QUESTION 7

In which circumstance is an IMA part allowed to convey classified data to people or specialists outside the firm?

a) There is a moral clash and the board has wouldn't make a move.

b) Such correspondence is lawfully endorsed.

c) The IMA part intentionally conveys the data in a roundabout way through a subordinate.

d) An official at the IMA individuals bank has mentioned data on an exchange that could impact the organizations stock cost.

QUESTION 8

Which moral standard is most plainly abused if an IMA part is aware of a difficult that could misdirect clients yet fails to address it?

a) Skill.

b) Legitimateness.

c) Validity.

d) Classification.

QUESTION 9

IMAs Statement of Ethical Professional Practice incorporates a trustworthiness standard, which requires an IMA part to

a) Decrease to turn into a minority accomplice in an association that is a provider of the individuals business.

b) Report any pertinent data that could impact clients of budget summaries.

c) Unveil private data when approved by their firm or needed under the law.

d) Deny endowments from anybody.

QUESTION 10

IMAs Statement of Ethical Professional Practice incorporates a skill standard, which requires an IMA part to

a) .Report data, regardless of whether good or negative.

b) .Build up their expert capability on a nonstop premise.

c) Talk about moral struggles and potential blueprints with a fair guide.

d) Examine, with subordinates, their obligations in regards to the revelation or data about the firm.