题目内容

If 60-day London Interbank Offered Rate (LIBOR) is 6 percent, the interest on a 60-day LIBOR-based Eurodollar deposit of $990000 is:

A. $10000.
B. $9900.
C. $60000.

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Prior to expiration, an American put option on a stock:

A. is bounded by S-X/(1 +RFR)T
B. will sell for its intrinsic value.
C. will never sell for less than its intrinsic value.

Which of the following statements regarding the mark to market of a futures account is FALSE Marking to market of a futures account:

A. may result in a margin balance above the initial margin amount and may be done more often than daily.
B. is only done when the settlement price is below the maintenance price.
C. effectively adjusts the price of the future to the new equilibrium level.

Which of the following combinations of options and underlying investments have similarly shaped profit/loss diagrams

A. Long call option/short put option and long stock position.
B. Covered call and short stock/long call.
C. Short put option/long call option and protective put.

Prior to expiration, the maximum value of an Americana call option and an American put option, respectively, is closest to the: American put option American call option ①A. Exercise price Exercise price ②B. Exercise price Underlying price ③C. Underlying price Exercise price

A. ①
B. ②
C. ③

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