Bond types that are traded at a deeply discounted price are:
Floating rate notes
Zero coupon bonds
Convertible bonds and Exchangeable bonds
Fixed rate bonds
Thefollowing is an inaccurate statement:
Warrants have a variable exercise price
Warrants are exercisable by the warrant holder
Warrants will expire if not exercised by the expiry date
Warrants are detachable from the original security
The integrity of internal books & records for securities is proven by ensuring:
The total ownership position is equal to the sum of open and closed trades with counterparties
The total settled position is equal to the sum of open trades and trades with a future value date
The total ownership position is equal to the sum of the settled positions plus/minus open trades with counterparties
The total settled position is equal to the sum of open and closed trades with counterparties
An example of an organisation classified as a sovereign wealth fund is:
United Nations
Xerox Corporation
German Government
China Investment Corporation
TESTED 30 Apr 2024
