Free PRMIA 8013 Exam Questions
Absolute Free 8013 Exam Practice for Comprehensive Preparation
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PRMIA 8013 Exam Questions
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Provided By: PRMIA
- Exam: PRM Exam 1: Finance Foundations
- Certification: PRM
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Total Questions: 290
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Updated On: Apr 15, 2026
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Rated: 4.9 |
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Online Users: 580
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Question 1
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Two portfolios with identical Sharpe ratios will have
Answer: C
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Two portfolios with identical Sharpe ratios will have
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Question 2
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What is the running yield on a 6% coupon bond selling at a clean price of $96?
Answer: B
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What is the running yield on a 6% coupon bond selling at a clean price of $96?
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Question 3
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A bank sells an interest rate swap to its client, with the client agreeing to pay the bank a fixed 4% and receive 3 month LIBOR + 100 basis points, payments due every quarter. After quarter 1, the 3 month LIBOR is 2% pa. Which of the following payments will happen in respect of this swap, assuming the contract notional is $100m, and the rate convention is 30/360.
Answer: C
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Question 4
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A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. Prices fall the next day to $980. What is the margin call the fund manager faces in respect of daily variation margin ?
Answer: B
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Question 5
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Which of the following portfolios would require rebalancing for delta hedging at a greater frequency in order to maintain delta neutrality?
Answer: B
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