1、单选题：
The nominal risk-free rate is best described as the sum of the real risk-free rate and a
选项：
A:maturity risk premium
B:expected inflation premium
C:liquidity risk premium
答案: 【expected inflation premium】

2、单选题：
A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank is compounding interest
选项：
A:daily
B:semi-annually
C:quarterly
答案: 【daily】

3、单选题：
The value in six years of $75,000 invested today at a stated annual interest rate of 7% compounded quarterly is closest to
选项：
A:$113,330
B:$113,733
C:$112,555
答案: 【$113,733】

4、单选题：
a client requires $100,000 one year from now. If the stated annual rate is 2.50% compounded weekly, the deposit needed today is closest to
选项：
A:97532
B:97500
C:97561
答案: 【97532】

5、单选题：
An investment pays $300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is closest to
选项：
A:$1,389
B:$1,336
C:$1,625
答案: 【$1,389】

6、单选题：
A sweepstakes winner may select either a perpetuity of $2,000 a month beginning with the first payment in one month or an immediate lump sum payment of $350,000. If the annual discount rate is 6% compounded monthly, the present value of the perpetuity is
选项：
A:greater than the lump sum
B:less than the lump sum
C:equal to the lump sum
答案: 【greater than the lump sum】

7、单选题：
A sports car, purchased for $200,000, is financed for five years at an annual rate of 6% compounded monthly. If the first payment is due in one month, the monthly payment is closest to
选项：
A:3847
B:3957
C:3867
答案: 【3867】

8、单选题：
Which of the following provisions is a benefit to the issuer?
选项：
A:Call provision
B:Put provision
C:Conversion provision
答案: 【Call provision】

9、单选题：
Grandparents are funding a newborn's future university tuition costs, estimated at $50,000/year for four years, with the first payment due in 18 years. Assuming a 6% effective annual rate, the required deposit today is closest to
选项：
A:64341
B:60699
C:68201
答案: 【64341】

10、单选题：
Given a stated annual interest rate of 6% compounded quarterly, the level amount that，deposited quarterly, will grow to $25,000 at the end of 10 years is closest to
选项：
A:836
B:474
C:461
答案: 【461】