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GARP 2016-FRR Exam Dumps Questions and Answers

Exam Code: 2016-FRR
Vendor: GARP
Last Update: May 6, 2024
Questions: 342
10  Customers Passed GARP 2016-FRR
91%  Average Success In Real Exam
89%  Questions came word by word from this dump
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All Financial Risk and Regulation Related Certification Exams

Other GARP Certification Exams

Financial Risk and Regulation (FRR) Series Questions and Answers

Questions 1

A portfolio manager is interested in computing risk measures for his bond investment portfolio. Which of the following measures the sensitivity of duration to interest rates?

Options:

A.

Modified duration.

B.

Yield curve

C.

Convexity.

D.

Credit spread.

Questions 2

Bank customers traditionally trade commodity futures with banks in order to achieve which of the following goals?

I. To express their own price views

II. To reverse undesired short-term exposure created from fixed commodity sales

III. To reach short-term budgetary targets

Options:

A.

I

B.

II

C.

I, III

D.

I, II, III

Questions 3

James Arthur is a customer of a bank who has taken a floating rate loan from the bank. He is concerned that the rates may rise in the future increasing his payment amount. Which of the following instruments should he buy to hedge against the rise in interest rates?

Options:

A.

Interest rate floor

B.

Interest rate cap

C.

Index amortizing swap

D.

Interest rate swap that receives fixed and pays floating