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CTP Exam Dumps : Certified Treasury Professional

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Certified Treasury Professional Questions and Answers

Question 1

A U.S. government agency issues securities transfers using Fedwire Book-Entry Securities System. The first transfer request of the day in the amount of $1 million is sent at 1:00 p.m. EST, the second one for $2 million at 3:30 p.m. EST, the third one for $3 million at 4:30 p.m. EST and the fourth one for $4 million at 5:00 p.m. EST, all on the same day. Which of the following represents the total value transferred at 5:00 p.m. EST that day?

Options:

A.

$1 million

B.

$3 million

C.

$6 million

D.

$10 million

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Question 2

Which of the following is a characteristic of giro systems used in countries in Europe?

Options:

A.

They operate through their postal systems.

B.

They are primarily used for company-to-company payments.

C.

They do not replace checks for the payment of bills.

D.

They do not allow the use of direct debits and credits.

Question 3

A call option for a company has an exercise price of $50. The stock is currently trading at $60. At maturity, what should an investor who paid $3 for the option do?

Options:

A.

Exercise the option and gain $7.

B.

Exercise the option and gain $10.

C.

Not exercise the option and lose $3.

D.

Not exercise the option and lose $13.