Free PRMIA 8013 Exam Questions

Become PRMIA Certified with updated 8013 exam questions and correct answers

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Total 290 Questions | Updated On: Oct 24, 2026
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Question 1

Determine the price of a 3 year bond paying a 5% coupon. The 1,2 and 3 year spot rates are 5%, 6% and 7% respectively. Assume a face value of $100. 


Answer: A
Question 2

Which of the following have a negative gamma:I. a long call positionII. a short put positionIII. a short call positionIV. a long put position


Answer: C
Question 3

What is the standard deviation (in dollars) of a portfolio worth $10,000, of which $4,000 is invested in Stock A, with an expected return of 10% and standard deviation of 20%; and the rest in Stock B, with an expected return of 12% and a standard deviation of 25%. The correlation between the two stocks is 0.6.


Answer: A
Question 4

Which of the following is not a money market security 


Answer: A
Question 5

Which of the following have a negative gamma:I. a long call positionII. a short put positionIII. a short call positionIV. a long put position


Answer: C
Page:    1 / 58      
Total 290 Questions | Updated On: Oct 24, 2026
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