A 'floating rate' means:
A) an interest rate that is indexed to the exchange rate.
B) a variable interest rate such as the bank bill rate.
C) an interest rate swap.
D) an interest rate that is outside the control of the Reserve Bank.
Correct Answer:
Verified
Q4: Which of the following is NOT one
Q5: A position consisting of futures contracts settling
Q6: The 'hedge ratio' refers to:
A) the price
Q7: Which of the following is NOT included
Q8: If A is the position in the
Q10: The phrase 'yield pick- up' refers to:
A)
Q11: Cash- and- carry arbitrage involves:
A) buying in
Q12: An instrument that involves the exchange with
Q13: In the infamous Barings Bank disaster, the
Q14: Program trading:
A) is a computerised method of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents