ICMA Financial Markets Foundation Course - FMFC Exam Practice Test

Question 1
What type of bond is a "Yankee" bond?

Correct Answer: B
Question 2
Which market regulation introduced the requirement for guaranteeing Best Execution in the
Equities market?

Correct Answer: C
Question 3
The borrowings of which of the following are most likely to be driven by regulatory capital requirements?

Correct Answer: A
Question 4
Which of the following is NOT a vlue-weighted index?

Correct Answer: A
Question 5
You hold a call option on a stock with a strike of EUR 35. The current premium for this option is EUR 3.80 and the underlying stock is trading at EUR 32. How much of this option price represents time value?

Correct Answer: B