Fınancıal Markets&ınstıtutıons (ENG)
2021–2022 Vize (Ara Sınav) Çıkmış Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1Which of the following is the most dominant financial intermediary in Turkey?
- ADevelopment banks
- BCommercial banks
- CPublic banks
- DInsurance companies
- EPension investment funds
- 2Which of the following is not among the key elements of fund transfer processes?
- AFinancial environment
- BFinancial system
- CFinancial markets
- DS Market capitalization
- ERegulatory system
- 3= is a number, expressed in percentages. It reflects the cost of borrowing for borrowers, whereas it reflects the reward of lending for lenders. In other words, it represents the price of raising capital. Which of the following fills in the gap above correctly?
- ACapital cost
- BReturn rate
- CInternal rate of return
- DVolatility
- EInterest rate
- 4Which of the following financial institutions can collect deposits?
- APension investment funds
- BPortfolio management companies
- CDeposit banks aof.so llar.nei
- DInsurance companies
- EUnemployment insurance funds
- 5A 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
- 6For the bonds sold at par value, the yield to maturity is equal to ........ . Which of the following fills in the gap above correctly?
- ACoupon rate
- BPar value ul
- CDown payment
- DCurrent yield
- EYield to call
- 7Assume 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
- 8What is the measure of interest rate sensitivity of the bond?
- ADuration
- BMaturity
- CVariance
- DBinomial lattices
- EBlack and Scholes measure
- 9Bond is a --- security and a type of --- instrument. Which of the followings fill the gaps above correctly?
- AFixed-income, equity instrument
- BVariable-yeild, equity instrument
- CVariable-yeild, hybrit instrument
- DFixed-income, debt instrument
- EVariable-yeild, debt instrument
- 10-- are denominated in a currency that is different from the currency of the country where the bond is issued. Which of the followig should fill the gap above?
- AInternational bonds
- BEurobonds
- CDomestic bonds
- DPanda bonds
- EForeign bonds
- 11Assume that the company XYZ, which is thought to show zero growth for a long period, paid $16,5 per share, and that is expected to continue indefinitely. If the rate of return on similar stock is %18, then what should be the price of XYZ share?
- A19,51
- B55,84
- C68,45
- D77,52
- E91,67
- 12Which of the following is a statistical measure of variability in price or return of a financial variable?
- ACovariance
- BVolatility
- CBeta
- DAlpha
- ER squared
- 13Stock price of a company is $32 and its book value is $5,000,000. If the number of outstanding stocks is 325,000, then what is the market-to-book value ratio?
- A1,92
- B1,95
- C1,97
- D2,08
- E3,03
- 14Holding it does not make the investor responsible for the operations of the company, but it gives the right of voting in the general assembly and making claims on the profit and assets of the company. Which of the following financial instrument is described above?
- AStock
- BDerivatives •Пе:
- COptions
- DBonds
- ECash deposits
- 15- refers to the accounting value reflected in the financial statements. It may be quite different than the --. Which of the following fills the gaps in correct order?
- AResidual value, market value
- BBook value, market value
- CMarket value, book value
- DMarket value, residual value
- EResidual value, book value
- 16Suppose there are two parties, A and B. Party A (long position) agrees to buy one stock of Facebook from Party B (short position) for $190 at a future time. What will be Party A's payoff be if stock of Facebook is $195 at a later time?
- A-10
- B-5
- CO
- D5
- E10
- 17Which of the following is not among the main variables used in the Black-Scholes model?
- AExpected return
- BS Price of underlying asset
- CStrike price
- DTime until expiration
- EVolatility
- 18This option is the right to buy an underlying asset. It offers unlimited upside return with limited downside risk. Which of the followings is a derivatives defined above?
- ASwaption
- BPut option
- CVanilla option
- DExotic option
- ECall option
- 19Suppose 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 is the investor's pay-off?
- A15
- B10
- C7
- DO
- E-8
- 20Which of the following is the floating rate used in swap contracts?
- AFIBOR
- BEURIBOR aof.so
- CLIBOR
- D3-month maturity treasury bill
- ERoyalty interest