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PRMIA 8009 Exam Dumps - Actual Questions Answers

PRMIA 8009 Last Week Results!

10

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PRMIA 8009

86%

Average Score In Real
Exam At Testing Centre

85%

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word from this dump

110

Total Questions
PRMIA 8009 Questions Answers

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8009 Questions and Answers

Question # 1

Which of the following regarding Orange County is FALSE?

A.

Bob Citron engaged in risky strategies to benefit personally

B.

Bob Citron tried to "ride the yield curve"

C.

Bob Citron heavily leveraged his positions using repos

D.

Citron's losses were eventually exposed by massive margin calls

Question # 2

When local rules and regulations conflict with the PRMIA Standards of Best Practice, Conduct and Ethics the PRMIA member should …

A.

Seek advice from a qualified party, being mindful of legal and confidentiality requirements

B.

Modify the interpretation of local rules and regulations to meet the situation

C.

Ignore local rules and regulations

D.

Respect local rules and regulations

Question # 3

According to the Group of 30 Report, dealers and end-users are encouraged to:

A.

Use separate trading agreements for interest rate derivatives, equity derivatives and foreign exchange transactions.

B.

Use a common trading agreement for interest rate and equity derivatives but a separate agreement for foreign exchange transactions.

C.

Use one trading agreement for foreign exchange forwards and another for foreign exchange options.

D.

Use a single master trading agreement as widely as possible with each counter party.

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