Fınancıal Markets&ınstıtutıons (ENG)
2020–2021 Yaz Okulu Çıkmış Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1A person invests 100.000 TL for a period of 5 years and earns interest semiannually. The nominal interest rate is 18%. How much wil the value of this person's money be in 5 years!
- A218.400
- B225.780
- C236.736
- D238.760
- E242.500
- 2Which of the following is the most dominant financial intermediary in Turkey?
- ADevelopment banks
- BCommercial banks
- CPublic banks
- DInsurance companies
- EPension investment funds
- 3Which of the following is not regulated by Capital Markets Board?
- ASecurities investment trusts
- BAsset management companies
- CReal estate investment trust
- DMutual investmen funds
- EPortfolio management companies
- 4Assume a 5-year zero-coupon bond which has $1,000 par value. If the required return is 10%, what should be the price of the bond?
- A595
- B600
- C621
- D638
- E645
- 5Which of the following is the coupon rate of the bond that does not take into consideration the bond's time to maturity or market price of the bond?
- ANominal yield
- BCurrent yield
- CCall yield
- DE Internal rate of return
- EYield to maturity
- 6If payout ratio of a company is 50%, expected return of the stock is 20% and expected future growth rate of the stock is 8%, then what will the Price/Earning ratio be?
- A3,16
- B3,84
- C4,16
- D4,88
- E5,01
- 7Which of the following is a statistical measure of variability in price or return of a financial variable?
- AVolatility
- BAlpha
- CBeta
- DCovariance
- ER squared
- 8Differently from other stockholders, owners have preference on the after-tax earnings and assets of the company if the company goes into liquidation. Another difference that distinguishes ... from the ..... is that the dividend payments are usually stipulated for Which of the following fills the gaps above in correct order?
- Apreferred stock, preferred stocks, common stocks, preferred stocks
- Bcommon stock, common stocks, preferred stocks, common stocks
- Ccommon stock, prefered stocks, non-voting stocks, common stocks
- Dcommon stock, common stocks, non-voting stocks, common stocks
- Epreferred stock, preferred stocks, non-voting stocks, preferred stocks
- 9Suppose an investor buys an American put option of a stock at a strike price of $120 after 5 months from now. The premium of the contract is $8 and the underlying stock price happens to be $135 at the expiration date. What would the investor's pay-off be?
- A15
- B10
- C7
- DO
- E-8
- 10........... can be exercised any time up to the expiration date. Which of the following fills the gap corrertly?
- AAmerican options
- BSwap options
- CExotic options
- DVanilla options
- EEuropean options aof
- 11Which of the following is not among the main variables used in the Black-Scholes model?
- ATime until expiration
- BVolatility
- CStrike price
- DExpected return
- EPrice of underlying asset
- 12I. The risk which arises from the different maturity structure of the banks' assets and liabilities. Il. The risk of damages caused by human and technological factors. Match the given statements with the corresponding concepts.
- AI. Liquidity risk, II. Operational risk
- BI. Interest rate risk, Il. Operational risk
- CI. Liquidity risk, Il. Credit risk
- DI. Interest rate risk, II. Liquidity risk
- EII. Credit risk, Ill. Liquidity risk
- 13Which of the following refers to reserves held by commercial banks above the reserves held to meet reserve requirement of the Central Bank?
- ASpecific reserves
- BRevenue reserves
- CExcess reserves
- DAssets reserves
- ECapital reserves
- 14Which of the following is not among the credit risk management methods?
- ADiversification
- BLong-term relationship
- CRestrictive covenants
- DCollaterals
- EGap analysis
- 15Which of the following refers to a temporary loan until permanent financing is obtained?
- AHybrid financing
- BPonzi financing
- CEquity financing
- DBridge financing
- EExternal financing
- 16I. FIrm prepares prospectus with investment bank help. Il. Regulator's approval is received. III. Firm decides to issue new securities. IV. Prospectus is distributed to brokerage network. V. Investment bankers and firm agree on type and price of security. Please put them in correct order.
- AIII, V, I, II, IV
- BIII, V, I, IV, #I
- CI, III, V, IV, II
- D1, III, IV, V, II
- EIII, I, V, II, IV
- 17In the indirect credit market, banks are the most important participants; in the direct market, ... banks are the most important participants. Which of the following completes the sentences above?
- Ainvestment/development
- Bdevelopment/investment
- Ccommercial/development
- Dinvestment/commercial
- Ecommercial/investment
- 18In which years did Turkey have a currency crises?
- A1954, 1994
- B1954, 2001
- C1954, 2000
- D1994, 2001
- E1994, 2000
- 19Which of the following is the standart setter for the prudential regulations of banks and provides a forum for regular cooperation on banking supervisory matters?
- AEuropean Bank for Reconstruction and Development
- BInternational Monetary Fund
- CWorld Trade Organization
- DWorld Bank
- EBasel Committee
- 20The financial crisis which broke out in the US real estate market in the second half of 2007 became a global crisis in 2008 with the bankruptcy of ... in September 2008. Which of • the following completes the sentences above?
- ABear Stearns
- BFannie Mae
- CJPMorgan Chase
- DLehman Brothers
- EGoldman Sachs