Financial assets and markets Flashcards
1
Q
what is the max amount of compensation per person that would be payable by the financial services compensation scheme in the event of the failure of a bank.
A
85,000 dollars on the first deposit.
2
Q
how is a return on a treasury bill achieved.
A
they are issued at a slight discount. for example it may be issued at 999, but when matured the investor will get 1000 back.
3
Q
what are the advantages and disadvantages of investing in property
A
provides positive long term returns , low volatility and a reliable stream of income.
4
Q
when will a spot foreign exchange trade settle
A
spot transactions occur instantly when exercised
