The maturity of a straight 3-months deposit falls on Saturday, which happens to be the last day of the month. What is the actual deposit maturity date?
Answer(s): D
What is the maximum maturity of a US Treasury bill?
Answer(s): A
What is the major difference between a CD and a deposit?
Answer(s): C
What happens when a coupon is paid on bond collateral during the term of a sell/buy-back?
A customer gives you GBP 25,000,000.00 at 0.625% same day for 7 days.Through a broker, you place the funds with a bank for the same period at 0.6875%.Brokerage is charged at 2 basis points per annum.What is the net profit or loss on the deal?
Answer(s): B
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