What is the primary activity of a firm's front office? (Points : 1)

risk management trading pricing derivative products auditing none of the above

Question 63.63. Orange County lost $1.6 billion doing what? (Points : 1)

betting that interest rates would remain stable buying Treasury bond futures selling Eurodollar futures buying short- and intermediate-term bonds on margin trading money market options

Question 64.64. Risk managers should report to (Points : 1)

the chief trader legal counsel the executive in charge of the front office the executive in charge of the back office none of the above