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swaps

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

______ is a derivative contract through which two parties exchange the cash flows or liabilities from two different financial instruments.

a)

swaps

b)

derivatives

c)

forward

d)

future

2.

The main purpose of tradind in swaps is

a)

risk management

b)

high return

c)

reasonable return

d)

risky with high return

3.

swaps are generally regulated by

a)

commodity forward trading commisssion

b)

commodity option trading commisssion

c)

commodity swaps trading commisssion

d)

commodity futures trading commisssion

4.

which of the following is feature of swaps?

a)

Barter

b)

Arbitrage driven

c)

liability driven

d)

all of these

5.

one of the disadvantage of swaps is

a)

hedging risk

b)

borrowing at lower cost

c)

counter party risk

d)

none of these

6.

______ is a security with a price that is dependent upon or derived from one or more underlying assets.

a)

forward

b)

future

c)

derivative

d)

swaps

7.

swaps can be traded in both OTC and stock exchange

a)

true

b)

false

8.

swaps can be traded in

a)

OTC

b)

stock exchange

9.

choose one of the advantage of swaps

a)

early termination

b)

additional income

c)

information network

d)

lack of liquidity

10.

The outstanding swaps create substantial ________ exposure that could create serious effect on the financial stability

a)

counter party

b)

risk

c)

hedging

d)

none of these