Which of the following rates represents the lowest investment-grade rating?
Correct Answer: B
Question 2
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
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
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