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Question # 4

A bond which pays interest semi-annually quotes its interest rate:

A.

Relative to a period of 6 months

B.

Relative to a period of 24 months

C.

Relative to a period of 12 months

D.

Relative to a period of 3 months

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Question # 5

The physical substances of natural gas/ barley and zinc fall within the following financial heading:

A.

Cash

B.

Derivatives

C.

Commodities

D.

Securities

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Question # 6

The type of organisation that provides securities underwriting services is known as a

A.

Investment bank

B.

Insurance company

C.

Commercial bank

D.

Pension fund

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Question # 7

Where the term 'Ordinary Shares' is used in the UK, the equivalent term in the US is:

A.

Common stock

B.

Corporate Shares

C.

Normal Shares

D.

Ordinary Stock

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