What is the primary activity of a firm\'s front office? (Points : 1) risk manage
ID: 2654443 • Letter: W
Question
What is the primary activity of a firm's front office? (Points : 1) risk managementtrading
pricing derivative products
auditing
none of the above Question 63.63. Orange County lost $1.6 billion doing what? (Points : 1) betting that interest rates would remain stable
buying Treasury bond futures
selling Eurodollar futures
buying short- and intermediate-term bonds on margin
trading money market options Question 64.64. Risk managers should report to (Points : 1) the chief trader
legal counsel
the executive in charge of the front office
the executive in charge of the back office
none of the above What is the primary activity of a firm's front office? (Points : 1) risk management
trading
pricing derivative products
auditing
none of the above
Explanation / Answer
1. trading
2. betting that interest rates would remain stable
3. the executive in charge of the front office
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