QUESTION 17 What is a type of fund which offers very low (even negative) for investors to access returns in a specific market index Exchange Trados Fund Closed End Fund Mutual Fund Money Market Fund Hedge Fund QUESTION 18 You buy a chalet in France (say in the Limogers region). The chalet costs EUR1mm. The spot rate is 51 13 per 1 euro You are going to sell the chalet in exactly one year So you call JPMorgan and sell 51 13 MM against buying EUR 1MM for the property To hedge you then set the EUR against buy USD for settlement in 1 year EUR interest rates ar 9% and USD rates are 5% Calculate the year forward price QUESTION 19 How are FX forward prices set? FX forwards are based on the inerest rates of each product in the current par FX forwards are set every day by LIBOR The Fod monitors FX forward rates to keep them at the fair ate (Fed Funds prod) FX forwards set by the market's consensus expectation of the future FX es hourly resets Proctonothing your Stop sharing Wide