Chap023 - Chapter 23 Futures Swaps and Risk Management Chapter 23 Futures Swaps and Risk Management Multiple Choice Questions 1 Which one of the

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Unformatted text preview: Chapter 23 - Futures, Swaps, and Risk Management Chapter 23 Futures, Swaps, and Risk Management Multiple Choice Questions 1. Which one of the following stock index futures has a multiplier of $250 times the index value? A. Russell 2000 B. S&P 500 Index C. Nikkei D. DAX-30 E. NASDAQ 100 The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 2. Which one of the following stock index futures has a multiplier of $10 times the index value? A. Russell 2000 B. Dow Jones Industrial Average C. Nikkei D. DAX-30 E. NASDAQ 100 The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 23-1 Chapter 23 - Futures, Swaps, and Risk Management 3. Which one of the following stock index futures has a multiplier of $500 times the index value? A. Russell 2000 B. FTSE 100 C. Nikkei D. DAX-30 E. NASDAQ 100 The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 4. Which one of the following stock index futures has a multiplier of $500 times the index value? A. Russell 2000 B. FTSE 100 C. S&P Mid-Cap D. DAX-30 E. A and C The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 5. Which one of the following stock index futures has a multiplier of $100 times the index value? A. Russell 2000 B. S&P 500 Index C. Nikkei D. DAX-30 E. NASDAQ 100 The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 23-2 Chapter 23 - Futures, Swaps, and Risk Management 6. Which one of the following stock index futures has a multiplier of 10 euros times the index? A. CAC 40 B. DJ Euro Stoxx - 50 C. Nikkei D. DAX-30 E. A and B The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 7. Which one of the following stock index futures has a multiplier of 10 euros times the index? A. FTSE 100 B. DJ Euro Stoxx - 50 C. Nikkei D. DAX-30 E. A and B The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 8. Which one of the following stock index futures has a multiplier of 25 euros times the index? A. FTSE 100 B. DJ Euro Stoxx - 50 C. Nikkei D. DAX-30 E. A and B The multiplier is used to calculate contract settlements. See Table 23.1. Difficulty: Easy 23-3 Chapter 23 - Futures, Swaps, and Risk Management 9. You purchased one S&P 500 Index futures contract at a price of 950 and closed your position when the index futures was 947, you incurred: A. a loss of $1,500. B. a gain of $1,500. C. a loss of $750. D. a gain of $750. E. None of the above. (-$950 + $947) X 250 = - $750. Difficulty: Moderate 10. You took a short position in two S&P 500 futures contracts at a price of 910 and closed the position when the index futures was 892, you incurred: A. a gain of $9,000....
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This note was uploaded on 01/08/2011 for the course MBA ECON taught by Professor Hamza during the Spring '10 term at Prince Sultan University.

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Chap023 - Chapter 23 Futures Swaps and Risk Management Chapter 23 Futures Swaps and Risk Management Multiple Choice Questions 1 Which one of the

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