Câu hỏi về Tài chính

Financial intermediaries save costs due to:

• Diverse services

• Economies of scale and specialization

• Professionalism

• All of A, B, and C are correct

An investor buys a European put option for 100 shares of Stock A with a strike price of 50 USD per share. The option premium is 5 USD per share, and the expiration date is in 3 months. If the stock price at expiration is 40 USD per share, the investor:

• Does not exercise the option and incurs a loss of 500 USD

• Exercises the option and has a net profit of 500 USD

• Exercises the option and has a net profit of 1000 USD

• Exercises the option and incurs a loss of 500 USD

A contract that allows the buyer to sell a certain number of shares at a specified price within a certain period is:

• Forward contract

• Call option

• Futures contract

• Put option

Select the correct statement:

• Issuing bonds does not increase the debt ratio of the issuer

• The government can issue stocks to raise capital

• The issuer does not have to bear the pressure of paying interest when issuing stocks

• A, B, and C are all correct

A company faces ....... risk when issuing preferred stock compared to issuing corporate bonds. Dividends on preferred stock ....... the company's profitability.

• Higher; depends

• Higher; does not depend

• Lower; does not depend

• Lower; depends

The central bank participates in buying and selling securities in the financial market to adjust the money supply. This is called:

• Discounting securities

• Prior credit

• Open market operations

• Securities market operations

Investor A buys a call option for 100 shares of HP with a strike price of 50 USD per share on the expiration date. Investor A pays an option fee of 1.5 USD per share. What must the price of HP shares be on the expiration date for Investor A to break even?

• 48.5 USD

• 51.5 USD

• 50 USD

• Other answer

The most important function of the financial market is:

• To transfer capital from surplus units to deficit units

• To provide savings instruments

• To finance government deficits

• A, B, and C are all correct

Futures contracts usually do NOT lead to the delivery of the underlying asset because:

• Buyers or sellers often close their positions before the expiration date

• The exchange imposes penalties for delivering the asset upon expiration

• Buyers or sellers of futures contracts cannot meet the contract terms

• Sellers of futures contracts often do not perform

Discount bonds:

• Are sold below face value and repay principal at face value at maturity

• Pay interest and a portion of principal periodically

• Pay interest periodically and repay principal in a lump sum at maturity

• A, B, and C are all correct