ICMA SOFQ Exam Questions & Answers

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Related Exams

Questions 1

The type of organisation that specializes in deposit-taking and cash loans is known as a:

A. Mutual fund

B. Commercial bank

C. Investment bank

D. Private bank

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Questions 2

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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Questions 3

A S.W.I.FT. MT541 instructs a custodian to:

A. Receive securities on a Free of Payment basis

B. Receive securities on a Delivery versus Payment basis

C. Deliver securities on a Delivery versus Payment basis

D. Deliver securities on a Free of Payment basis

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