QFA Investments Sample Paper 2
€one hundred nominal value of a bond is presently being traded available on the market at
€125. This bond is said to be:
A status above par.
B subordinated to its issue price.
C illiquid.
D overpriced. - ANS-A
6.1 - What is a bond?
A financial institution is most likely to impose a fee on early withdrawal of budget from a set term
deposit account a good way to:
A discourage other constant time period depositors from attempting to withdraw price range
early.
B make its marketed fixed time period deposit prices appearance higher than they really are.
C to inspire greater price range to be located on call for money owed.
D reflect the accelerated value to the financial institution of changing that deposit at a higher
deposit price. - ANS-D
four.2.3 - Access to finances
A bank is required in 2020 to robotically go back to Revenue info of all existing deposit holders,
where gross interest of more than what amount has been credited to their bills in 2020?
A €a hundred
B €two hundred
C €250
D €300 - ANS-D
four.11 - Revenue returns
A bond maturing in 2030 and with a coupon charge of 4% has exactly 10 years to run to
adulthood.
If its contemporary price is €85.00, what's the annual gross redemption yield presented via the
bond presently?
A 4.00%.
B four.Seventy one%.
C five.34%.
D 6.47%. - ANS-D
,6.4.2 - Gross redemption yield
A civil associate couple may be exempted
from DIRT in 2020 simplest if:
(i) as a minimum considered one of them is over age 65.
(ii) their mixed general income for 2020 is much less than €36,000.
(iii) their total deposits with all deposit takers does no longer exceed €200,000.
A (i) most effective.
B (i) and (ii) most effective.
C (ii) and (iii) most effective.
D (i), (ii) and (iii). - ANS-B
four.6.2 - Exemption from DIRT
A closed give up investment fund:
(i) undertakes to always buy lower back
buyers' stocks at net asset cost.
(ii) is not open to new buyers.
(iii) has a variable variety of shares.
A (i) handiest.
B (ii) handiest.
C (ii) and (iii) most effective.
D (i), (ii) and (iii). - ANS-B
7.2.2- Types of Collective Investment Fund
A agency is overdrawn on its contemporary account with the financial institution. The amount
overdrawn is shown in a organization's balance sheet as:
A a hard and fast asset.
B a cutting-edge legal responsibility.
C a modern-day asset.
D goodwill. - ANS-B
5.4.2 - Balance sheet
A enterprise issued to shareholders a million shares with a nominal cost of €1 each at a price of
€zero.Forty every.
If the company finishes up with a deficit, what additional amount, if any, can the shareholders be
called on to pay to the company?
A Nil.
B €400,000
C €six hundred,000
, D €one million - ANS-C
five.3.4 - Issued share capital
A organization can pay a dividend of €0.40 consistent with share to shareholders in March 2020
in recognize of its financial yr ended 31st December 2019.
This fee is called which kind of dividend price?
A Interim.
B Deferred.
C Preferred.
D Final. - ANS-D
five.12- Assessing proportion cost
A organisation's dividend for this year will cost €1.5m. Its income before taxes are €3.8m and
after taxes €three.3m.
What is the corporation's present day dividend cowl?
A 1.Five
B 2.2
C 2.Fifty three
D 3.3 - ANS-B
5.12.4 - Dividend cover
A corporation's issued percentage capital is the:
A general cost of shares the agency can
problem to shareholders.
B nominal cost of stocks the enterprise has truly issued to shareholders.
C market capitalisation cost of the agency.
D modern-day net asset price of the corporation, primarily based on its state-of-the-art
percentage charge. - ANS-B
5.Three.Four - Issued proportion capital
A company bond which does NOT promise to pay any hobby and most effective promises to
pay a capital amount at a few degree within the destiny is known as what kind of bond?
A Floating rate notice.
B Distressed.
C Zero coupon.
D Amortised. - ANS-C
6.2.2 - Corporate bonds
A deposit Tracker Bond is which type of deposit?
€one hundred nominal value of a bond is presently being traded available on the market at
€125. This bond is said to be:
A status above par.
B subordinated to its issue price.
C illiquid.
D overpriced. - ANS-A
6.1 - What is a bond?
A financial institution is most likely to impose a fee on early withdrawal of budget from a set term
deposit account a good way to:
A discourage other constant time period depositors from attempting to withdraw price range
early.
B make its marketed fixed time period deposit prices appearance higher than they really are.
C to inspire greater price range to be located on call for money owed.
D reflect the accelerated value to the financial institution of changing that deposit at a higher
deposit price. - ANS-D
four.2.3 - Access to finances
A bank is required in 2020 to robotically go back to Revenue info of all existing deposit holders,
where gross interest of more than what amount has been credited to their bills in 2020?
A €a hundred
B €two hundred
C €250
D €300 - ANS-D
four.11 - Revenue returns
A bond maturing in 2030 and with a coupon charge of 4% has exactly 10 years to run to
adulthood.
If its contemporary price is €85.00, what's the annual gross redemption yield presented via the
bond presently?
A 4.00%.
B four.Seventy one%.
C five.34%.
D 6.47%. - ANS-D
,6.4.2 - Gross redemption yield
A civil associate couple may be exempted
from DIRT in 2020 simplest if:
(i) as a minimum considered one of them is over age 65.
(ii) their mixed general income for 2020 is much less than €36,000.
(iii) their total deposits with all deposit takers does no longer exceed €200,000.
A (i) most effective.
B (i) and (ii) most effective.
C (ii) and (iii) most effective.
D (i), (ii) and (iii). - ANS-B
four.6.2 - Exemption from DIRT
A closed give up investment fund:
(i) undertakes to always buy lower back
buyers' stocks at net asset cost.
(ii) is not open to new buyers.
(iii) has a variable variety of shares.
A (i) handiest.
B (ii) handiest.
C (ii) and (iii) most effective.
D (i), (ii) and (iii). - ANS-B
7.2.2- Types of Collective Investment Fund
A agency is overdrawn on its contemporary account with the financial institution. The amount
overdrawn is shown in a organization's balance sheet as:
A a hard and fast asset.
B a cutting-edge legal responsibility.
C a modern-day asset.
D goodwill. - ANS-B
5.4.2 - Balance sheet
A enterprise issued to shareholders a million shares with a nominal cost of €1 each at a price of
€zero.Forty every.
If the company finishes up with a deficit, what additional amount, if any, can the shareholders be
called on to pay to the company?
A Nil.
B €400,000
C €six hundred,000
, D €one million - ANS-C
five.3.4 - Issued share capital
A organization can pay a dividend of €0.40 consistent with share to shareholders in March 2020
in recognize of its financial yr ended 31st December 2019.
This fee is called which kind of dividend price?
A Interim.
B Deferred.
C Preferred.
D Final. - ANS-D
five.12- Assessing proportion cost
A organisation's dividend for this year will cost €1.5m. Its income before taxes are €3.8m and
after taxes €three.3m.
What is the corporation's present day dividend cowl?
A 1.Five
B 2.2
C 2.Fifty three
D 3.3 - ANS-B
5.12.4 - Dividend cover
A corporation's issued percentage capital is the:
A general cost of shares the agency can
problem to shareholders.
B nominal cost of stocks the enterprise has truly issued to shareholders.
C market capitalisation cost of the agency.
D modern-day net asset price of the corporation, primarily based on its state-of-the-art
percentage charge. - ANS-B
5.Three.Four - Issued proportion capital
A company bond which does NOT promise to pay any hobby and most effective promises to
pay a capital amount at a few degree within the destiny is known as what kind of bond?
A Floating rate notice.
B Distressed.
C Zero coupon.
D Amortised. - ANS-C
6.2.2 - Corporate bonds
A deposit Tracker Bond is which type of deposit?
