QFA Investments - Lecture Questions
and Already Solved Solutions 2026-2027
Updated.
Which of the following is a MIFID regulated Market?
A Irish stock exchange main securities market
B Irish stock exchange enterprise securities market
C Irish stock exchange global exchange market
D Irish stock exchange unlisted market - Answer A
Irish stock exchange main securities market
John buys shares in a company through an Initial Public Offering. These shares are said to be
purchased on which type of capital market?
A Primary
B Secondary
C Unregulated
D Mediated - Answer A
Primary
The ECB's target maximum inflation rate is:
A 1% pa
B 2% pa
C 2.25% pa
D 2.50% pa - Answer B
2% pa
Increasing the rate of income tax is which type of economic policy:
A Fiscal
B Loose
C Monetary
D Frictional - Answer A
,Fiscal
If the current equity dividend yield is 4% and long bonds are yielding 3%, what is the current
yield gap?
A +1%
B - 1%
C 3%
D 4% - Answer A
+1%
If the mean investment return is 4% pa and follows the normal distribution, what % of returns
would you expect to fall between the mean return and -1 +1 x standard deviation?
A 33%
B 51%
C 68%
D 95% - Answer C
68%
Joe is self employed and a standard rate taxpayer. What total tax and PRSI will he pay on €1,000
of gross deposit interest received?
A €200
B €240
C €330
D €370 - Answer D
€370
If each of the following deposit accounts has the same nominal rate of interest, which account
would you expect to have the HIGHEST AER?
A Interest credited monthly
B Interest credited quarterly
C Interest credited half yearly
D Interest credited annually - Answer A
, Interest credited monthly
What information do you need to work out a company's market capitalisation?
A Share price only
B Earnings per share
C Share price and number of issued shares
D Net asset value per share and number of shares issued - Answer C
Share price and number of issued shares
If a company offers new shares in the company to existing shareholders at a discount to the
current share price, this is called which type of share issue?
A Rights
B Script
C Capitalisation
D Bonus - Answer A
Rights
€100 nominal of a bond is quoted on the stock market at €105.50 plus €1.50 accrued interest.
The price of €107.00 is referred to as which type of price?
A Clean
B Marked up
C Dirty
D Spread - Answer C
Dirty
ABC limited issued a corporate bond with a 'call' date of 1st September 2023. This means that
the bond:
A must be repaid on that date
B is a covered bond
C be offered for sale on the open market at that date
D may be repaid on that date - Answer D
may be repaid on that date
and Already Solved Solutions 2026-2027
Updated.
Which of the following is a MIFID regulated Market?
A Irish stock exchange main securities market
B Irish stock exchange enterprise securities market
C Irish stock exchange global exchange market
D Irish stock exchange unlisted market - Answer A
Irish stock exchange main securities market
John buys shares in a company through an Initial Public Offering. These shares are said to be
purchased on which type of capital market?
A Primary
B Secondary
C Unregulated
D Mediated - Answer A
Primary
The ECB's target maximum inflation rate is:
A 1% pa
B 2% pa
C 2.25% pa
D 2.50% pa - Answer B
2% pa
Increasing the rate of income tax is which type of economic policy:
A Fiscal
B Loose
C Monetary
D Frictional - Answer A
,Fiscal
If the current equity dividend yield is 4% and long bonds are yielding 3%, what is the current
yield gap?
A +1%
B - 1%
C 3%
D 4% - Answer A
+1%
If the mean investment return is 4% pa and follows the normal distribution, what % of returns
would you expect to fall between the mean return and -1 +1 x standard deviation?
A 33%
B 51%
C 68%
D 95% - Answer C
68%
Joe is self employed and a standard rate taxpayer. What total tax and PRSI will he pay on €1,000
of gross deposit interest received?
A €200
B €240
C €330
D €370 - Answer D
€370
If each of the following deposit accounts has the same nominal rate of interest, which account
would you expect to have the HIGHEST AER?
A Interest credited monthly
B Interest credited quarterly
C Interest credited half yearly
D Interest credited annually - Answer A
, Interest credited monthly
What information do you need to work out a company's market capitalisation?
A Share price only
B Earnings per share
C Share price and number of issued shares
D Net asset value per share and number of shares issued - Answer C
Share price and number of issued shares
If a company offers new shares in the company to existing shareholders at a discount to the
current share price, this is called which type of share issue?
A Rights
B Script
C Capitalisation
D Bonus - Answer A
Rights
€100 nominal of a bond is quoted on the stock market at €105.50 plus €1.50 accrued interest.
The price of €107.00 is referred to as which type of price?
A Clean
B Marked up
C Dirty
D Spread - Answer C
Dirty
ABC limited issued a corporate bond with a 'call' date of 1st September 2023. This means that
the bond:
A must be repaid on that date
B is a covered bond
C be offered for sale on the open market at that date
D may be repaid on that date - Answer D
may be repaid on that date
