FINA 3317 | Questions with 100% Verified Answers | Latest
Update 2026/2027
Question: Netflix INC stock 331.44 +14.44 (+4.56%) 331.00 -0.44 (-0.13%)
A) In the quote above, what is the price that the last trade was
executed at during the trading day?
B) In the quote above, how many shares were traded during
the current day?
C) In the quote above, what was the return during the current
trading day?
D) In the quote below, how many shares are available for sale
at the lowest selling price on the limit order book?
E) In the quote below, what is the lowest price at which shares
are available for sale on the limit order book?
F) In the quote above, which of the following values is a
measure of depth on the limit order book?
G) The quote above is most likely for what type of security?
Answer: A) $331.44
B) 14,324,304
C) 4.56%
D) 600
E) $331.00
F) 600
G) Stock
Question: Which one is a "Summary Measure" of the market?
Answer: Stock Index
Question: Read the article "Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong -
WSJ20180301". Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong -
WSJ20180301(1).pdf
A) This article is about the listing of what kind of security?
B) According to this article a "Unicorn" is:
Answer: A) Stock
B) A private company with a valuation over $1 billion.
Question: Read the article "Oilman T. Boone Pickens Is Becoming an ETF
- MoneyBeat - WSJ 20180227".
Oilman T. Boone Pickens Is Becoming an ETF - MoneyBeat - WSJ 20180227(1).pdf
A) According to this article, the underlyings for BOON will be:
B) According to this article, BOON will be:
C) On what exchange is BOON most likely to trade?
Answer: A) Stocks
B) An ETF
C) NYSE
Question: A measure of liquidity in derivatives markets is:
Answer: open interest
Question: Which of the following do not quote bid and ask prices on the internet?
Answer: futures
, Question: Use the WSJ quotes given in International Markets Home - Markets Data Center -
WSJ.com20181009.pdf .
A) What information is illustrated in the chart for "The Global
Dow" at the top of the page?
B) What Major Stock Index reported the best one-day
performance?
C) What Major Stock Index reported the worst one-day
performance?
Answer: A) The level of the Global Dow Stock index over the past year
B) Italy: FTSE MIB
C) Argentina: MerVal
Question: Read the article: Dow Industrials Close at New Record - WSJ20181009.pdf .
A) According to this article, what was the most recent one-day
return on the Dow Jones industrial average? Group of answer choices
B) According to this article, what was the one-day change in
the prices of US treasuries?
Answer: A) 20 bps
B) Treasury prices went down
Question: JP Morgan Chase is currently processing repos with the following quoted rates, each for amounts of
$20 million and for a period of 2 days. Which of the following shows the interest payment amounts in dollars for
each repo? Repo 1 - 25 bps Repo 2 - 75 bps Repo 3 - 95 bps Repo 4 - 150 bps
Answer: Repo 1 - $277.78 Repo 2 - $833.33 Repo 3 - $1055.56 Repo 4 - $166.67 Repo 5 - $1944.44 Repo 6 -
$2944.44 Repo 7 - $3555.56
Question: Over the past 4 years, you observed the following quoted rates on Commercial Paper, for face values
of $1,000 and 14 days to maturity. Which of the following shows the prices, bond equivalent rates, and
effective annual rates for each year? 2016 - 75 bps 2015 - 125 bps 2014 - -25 bps 2013- 102 bps
Answer: r effective 2016 - 0.7634% 2015 - 1.2757% 2014 - -0.2531% 2013 - 1.0397%
Question: Borrowing Benchmarks Money Rates WSJ.com/bonds
A) From the following quotes in the WSJ, at about what annual
rate could a US bank based in London borrow US Dollars for 6 months?
B) From the following quotes in the WSJ, at about what
discount yield could a US bank issue 3-month bonds?
C) From the following quotes in the WSJ, at about what
discount yield could the US Treasury issue 1-month bonds?
D) From the following quotes in the WSJ, at about what
interest rate could a US bank borrow unsecured overnight from other US-based banks?
E) From the following quotes in the WSJ, at about what interest
rate could a US bank borrow overnight from other banks using US T-Bills as collateral?
F) From the following quotes in the WSJ, at about what annual
rate could a US bank based in London borrow Euros for 6 months?
G) From the following quotes in the WSJ, at about what annual
rate could a US bank based in Paris borrow Euros for
Answer: A) 1.82488%
B) 1.67%
C) 1.245%
D) 1.42%
E) 1.49%
F) -0.319%
G) -0.271%
Update 2026/2027
Question: Netflix INC stock 331.44 +14.44 (+4.56%) 331.00 -0.44 (-0.13%)
A) In the quote above, what is the price that the last trade was
executed at during the trading day?
B) In the quote above, how many shares were traded during
the current day?
C) In the quote above, what was the return during the current
trading day?
D) In the quote below, how many shares are available for sale
at the lowest selling price on the limit order book?
E) In the quote below, what is the lowest price at which shares
are available for sale on the limit order book?
F) In the quote above, which of the following values is a
measure of depth on the limit order book?
G) The quote above is most likely for what type of security?
Answer: A) $331.44
B) 14,324,304
C) 4.56%
D) 600
E) $331.00
F) 600
G) Stock
Question: Which one is a "Summary Measure" of the market?
Answer: Stock Index
Question: Read the article "Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong -
WSJ20180301". Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong -
WSJ20180301(1).pdf
A) This article is about the listing of what kind of security?
B) According to this article a "Unicorn" is:
Answer: A) Stock
B) A private company with a valuation over $1 billion.
Question: Read the article "Oilman T. Boone Pickens Is Becoming an ETF
- MoneyBeat - WSJ 20180227".
Oilman T. Boone Pickens Is Becoming an ETF - MoneyBeat - WSJ 20180227(1).pdf
A) According to this article, the underlyings for BOON will be:
B) According to this article, BOON will be:
C) On what exchange is BOON most likely to trade?
Answer: A) Stocks
B) An ETF
C) NYSE
Question: A measure of liquidity in derivatives markets is:
Answer: open interest
Question: Which of the following do not quote bid and ask prices on the internet?
Answer: futures
, Question: Use the WSJ quotes given in International Markets Home - Markets Data Center -
WSJ.com20181009.pdf .
A) What information is illustrated in the chart for "The Global
Dow" at the top of the page?
B) What Major Stock Index reported the best one-day
performance?
C) What Major Stock Index reported the worst one-day
performance?
Answer: A) The level of the Global Dow Stock index over the past year
B) Italy: FTSE MIB
C) Argentina: MerVal
Question: Read the article: Dow Industrials Close at New Record - WSJ20181009.pdf .
A) According to this article, what was the most recent one-day
return on the Dow Jones industrial average? Group of answer choices
B) According to this article, what was the one-day change in
the prices of US treasuries?
Answer: A) 20 bps
B) Treasury prices went down
Question: JP Morgan Chase is currently processing repos with the following quoted rates, each for amounts of
$20 million and for a period of 2 days. Which of the following shows the interest payment amounts in dollars for
each repo? Repo 1 - 25 bps Repo 2 - 75 bps Repo 3 - 95 bps Repo 4 - 150 bps
Answer: Repo 1 - $277.78 Repo 2 - $833.33 Repo 3 - $1055.56 Repo 4 - $166.67 Repo 5 - $1944.44 Repo 6 -
$2944.44 Repo 7 - $3555.56
Question: Over the past 4 years, you observed the following quoted rates on Commercial Paper, for face values
of $1,000 and 14 days to maturity. Which of the following shows the prices, bond equivalent rates, and
effective annual rates for each year? 2016 - 75 bps 2015 - 125 bps 2014 - -25 bps 2013- 102 bps
Answer: r effective 2016 - 0.7634% 2015 - 1.2757% 2014 - -0.2531% 2013 - 1.0397%
Question: Borrowing Benchmarks Money Rates WSJ.com/bonds
A) From the following quotes in the WSJ, at about what annual
rate could a US bank based in London borrow US Dollars for 6 months?
B) From the following quotes in the WSJ, at about what
discount yield could a US bank issue 3-month bonds?
C) From the following quotes in the WSJ, at about what
discount yield could the US Treasury issue 1-month bonds?
D) From the following quotes in the WSJ, at about what
interest rate could a US bank borrow unsecured overnight from other US-based banks?
E) From the following quotes in the WSJ, at about what interest
rate could a US bank borrow overnight from other banks using US T-Bills as collateral?
F) From the following quotes in the WSJ, at about what annual
rate could a US bank based in London borrow Euros for 6 months?
G) From the following quotes in the WSJ, at about what annual
rate could a US bank based in Paris borrow Euros for
Answer: A) 1.82488%
B) 1.67%
C) 1.245%
D) 1.42%
E) 1.49%
F) -0.319%
G) -0.271%