ICMA Exam FMFQ Topic 4 Question 35 Discussion

Actual exam question for ICMA's FMFQ exam

Question #: 35
Topic #: 4

[All FMFQ Questions]

The price of a 3x6 FRA will be determined by reference to which of the following interest rates?

A3 month rate and 9 month rate

B3 month rate and 6 month rate

C6 month rate and 9 month rate

D6 month rate and 18 month rate

Show Suggested Answer

Suggested Answer: B

by Claribel at May 07, 2022, 03:05 PM

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Ettie

5 days ago

I think the FRA pricing involves the rates at the start and end of the period, so maybe it's A?

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Franklyn

5 days ago

I remember practicing a question like this, and I think it was about the 3 month and 6 month rates, so B could be right.

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Rolf

6 days ago

I remember studying about service models and I think the answer might be "utility" since it simplifies the design process.

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Okay, let's think this through step-by-step. I need to set up a label that prevents file/email sharing, and associate that label with a rights management template. I think option A or C is the way to go.

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Paz

16 days ago

I'm a bit confused on this one. I know REST has some key principles like statelessness and caching, but I'm not sure how those map to the specific statements here. I'll have to review my notes before answering.

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ICMA Exam FMFQ Topic 4 Question 35 Discussion

Contribute your Thoughts:

Ettie

Franklyn

Rolf

Sharika

Paz