question 27

What is the standard deviation of the returns of a two (X and Y) asset portfolio,

whereby _x = 0.056, _y = 0.072, w_y = 0.42 and p_x,y = - 0.27?

Select one:

A. 0.154%

B. 3.919%

C. 6.400%

D. 4.561%

question 24

A corporate bond has details as shown:

Duration	Interest	Yield to maturity
10 years	20% per annum (payable twice a year)	13% per annum

At what rate of discount or premium is the bond selling at?

Select one:

A. 49.829% discount

B. 49.829% premium

C. 39.644% premium

D. 13% discount

question 20

What is the yield to maturity (YTM) of a ten year zero coupon selling at 63% discount?

Select one:

A. 6.3% per annum

B. 10.5% per annum

C. 3.7% per annum

D. 14.2% per annum

question 18

What does the following trade credit jargon refer to? '3/7 net 30'.

Select one:

A. A discount of 7% will be given for full payment within 3 days. Failing that, the account must be settled in 30 days.

B. A discount of 30% will be given for full payment within 3 days. Failing that, the account must be settled in 7 days.

C. A discount of 3% will be given for full payment within 30 days. Failing that, the account must be settled in 7 days.

D. A discount of 3% will be given for full payment within 7 days. Failing that, the account must be settled in 30 days.