A zero coupon bond has a maturity of three years and a maturity value of RM1,000. Given that the discount rate is 7%, what is the Present Value of the bond?
Which of the following compliance guidelines is false?
a) Any dealing must be done for the participating organisation’s own account before that of the clients’ orders.
b) Policies and procedures should be implemented to detect market rigging.
c) Key duties and functions must be properly segregated.
d) Proper policies and procedures must be put in place to prevent the company’s employees from taking advantage of confidential price-sensitive information.
A call option has a strike price of RM50 and a premium of RM200. If the stock price is at RM50 at expiry, what is the maximum possible loss of the option holder?