QUESTION: 189

The capital market is the general term for a financial market in which:

Short-term debt, equities and securities, as well as short-term financial instruments are traded; maturities are generally less than one year
Medium to long-term debt and financial instruments, as well as medium and long-term securities are traded until they reach maturity
Only long-term corporate bonds, with maturities of five years or more, are bought and sold
Only short-term financial instruments and short-term securities are traded

Answer(s): B

QUESTION: 190

Your money market dealer has accepted a deposit of NOK 10,000,000.00 at 2.375% for 12 months (365 days). How much will you have to pay back in capital plus accrued interest at maturity?

NOK 10,240,799.00
NOK 240,798.61
NOK 10,237,500.00
NOK 10,240,798.61

Answer(s): D

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QUESTION: 191

If the maturity of a straight 3-month deposit fails on a Saturday, which is also the last day of the month, what will be the final end date of this transaction?