Cisi Introduction To Securities And Investment Exam

Bond Credit Ratings {Ans: Moodys, Standards and Poor's, Fitch Ratings}Use of derivatives {Ans: Hedging, anticipating future cash flows, asset allocation changes, arbitrage}Third-party administrators {Ans: enables a firm to focus on the core areas of its business (f and fix its costs, and leaves a specialist firm to carry out the administrative functions}What is a Corporate Action? {Ans: Any event within a company that affects its shareholders or bondholders.}money market {Ans: a market in which money is lent for periods of one year or less a money market instrument is at low risk of generating an income or capital return and they tend to preserve the nominal value of the amount invested.}futures {Ans: exchange traded and dealt on standardised terms, only choice is price}