ICMA Financial Markets Foundation Qualification FMFQ Exam Questions
Question #1 (Topic: Demo Questions)
Which of the following rates represents the lowest investment-grade rating?
Correct Answer: B
Question #2 (Topic: Demo Questions)
An EUR-denominated Eurobond matures on 15 January 2017 and pays an annual coupon of 5% on an
act/act basis. The bond is trading at a yield to maturity of 6% for settlement on 10 March 2015.
Which of the following statements is true of its clean price?
Correct Answer: B
Question #3 (Topic: Demo Questions)
One of the most contentious parts of the US Dodd-Franks Act is the restrictions placed on banks
carrying trading positions. What is the name of the rule that deals with this?
Correct Answer: D
Question #4 (Topic: Demo Questions)
Which of the equity exchanges operates a quote-driven model?
Correct Answer: B
Question #5 (Topic: Demo Questions)