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FIN435 C.5:DERIVATIVE MARKET

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Which of the following is NOT a derivative

a)

Single Stock Futures (SSFs)

b)

Swap

c)

Crude Palm Oil

d)

Put Options

2.

What kind of settlement usually applied if the investors are trading the derivatives for speculation purposes?

a)

Physical settlement

b)

Cash settlement

c)

Hedging

d)

Return

3.

A call option is a right to

a)

force another party to buy the underlying security.

b)

repurchase a previously sold underlying security.

c)

sell the underlying security.

d)

buy the underlying security.

4.

Derivatives help to manage possible future risks especially against the fluctuation of price risk. This is

a)

Speculation

b)

Arbitraging

c)

Hedging

d)

None is correct

5.

From the following which is the riskiest..

a)

Future

b)

Put option

c)

Call option

d)

Cash segment

6.

An option contract giving the owner the right, but not the obligation, to buy a stock in the future is

a)

a Put

b)

a Call

c)

a Commodity

d)

an Alternative

7.

Which is NOT an example of a Commodity?

a)

Coffee

b)

Oil

c)

Automobiles

d)

Gold

8.

Commodities are generally viewed as a lower risk investment than a stock and bonds.

a)

True

b)

False

9.

What is a good definition of a derivative?

a)

The principal amount of debt between two parties

b)

The difference between the cost and value of stock

c)

A contract to borrow money for a business

d)

A contract between two or more parties whose value is based on an agreed-upon underlying financial asset

10.

The main difference between a forward contract and a cash transaction is:

a)

only the cash transaction creates an obligation to perform.

b)

a forward is performed at a later date while the cash transaction is performed immediately.

c)

only one involves a deliverable instrument.

d)

neither allows for hedging.

11.

A financial contract that gives its owner the right, but not the obligation, to buy or sell a specified asset at an agreed-upon price on or before a given future date is called a(n) _____ contract.

a)

option

b)

future

c)

forward

d)

swap