FIN415 Final Exam
True/False Practice — 43 Questions

Concept review for Modules 13–15: FX options, transaction exposure, and swaps. Each question includes a detailed explanation.

Answer balance: 20 True / 20 False in the graded set. Q41–Q43 are buffer questions; score is capped at 40 points.

43
Total T/F questions
40 graded + 3 buffer
20
True answers
graded set
20
False answers
graded set
3
Buffer questions
Q41–Q43
40 pts
Score cap
miss up to 3
Study note: These questions are based on the concept guide topics, but the wording is exam-style. Watch for traps such as right vs obligation, call vs put, payoff vs profit, importer vs exporter, and fixed vs floating in swaps.
Grading rule: There are 43 questions total. The graded set is balanced: 20 True / 20 False. Q41–Q43 are buffer questions, and the score is capped at 40. Students can miss up to 3 and still earn 40/40 = 100%.