PDF Version DemoA PRMIA certification unlocks career development that stays locked without it. The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam is the key, and the 290 practice questions at ActualPDF are cut to fit it.
PRMIA 8006 Exam Overview:
| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | Exam I: Finance Theory, Financial Instruments, Financial Markets - 2015 Edition |
| Exam Number: | 8006 |
| Real Exam Qty: | 36 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Passing Score: | 60% |
| Related Certifications: | Associate PRM PRM Certification |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | 2 years from passing date |
| Exam Price: | $325 - $400 USD (member/non-member) |
| Recommended Training: | PRMIA Official Study Materials |
| Exam Registration: | Pearson VUE Scheduling PRMIA Official Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | PRMIA membership; bachelor's + 2 years experience, or master's degree, or CFA charterholder; approved PRM application |
| Official Syllabus URL: | https://www.prmia.org |
PRMIA 8006 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fixed Income Securities and Markets | 20% | - Money market instruments and yield calculations - Term structure of interest rates - Bond characteristics and valuation - Credit risk and capital structure analysis |
| Topic 2: Mathematical Foundations | 10% | - Probability concepts including Bayesian theory - Basic statistical methods for finance |
| Topic 3: Finance Theory and Portfolio Construction | 25% | - Mean-variance portfolio theory - Risk-adjusted performance measures - Utility theory, risk and return axioms - CAPM, multifactor models and APT |
| Topic 4: Derivatives Instruments | 25% | - Swaps and other derivative instruments - Options: types, payoffs and valuation basics - Futures and forward contracts |
| Topic 5: Financial Markets and Participants | 20% | - Trade lifecycle, dealing and settlement processes - Structure and types of financial markets - Market participants and their roles |
8006 (PRMIA) Exam FAQ: Trusted Answers
PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition is an official PRMIA certification exam, registered under the code 8006. Passing it awards the Professional Risk Manager (PRM) certification, a credential at the Professional level. It also connects to PRM Certification, Associate PRM. The exam is demanding by design, and that difficulty is precisely what makes the credential meaningful for career development.
The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam presents 36 questions within 120 minutes. That is a brisk pace, and the candidates who handle it best are the ones who rehearsed it. Use the ActualPDF engine for full timed simulations, practice flagging and returning, and arrive on exam day with a pacing strategy already proven.
Passing PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition takes 60%, and official registration costs $325 - $400 USD (member/non-member). Retakes bill the full $325 - $400 USD (member/non-member) again, so preparation is the least expensive insurance available. Let your ActualPDF practice scores guide the timing: book when you clear the requirement consistently, not occasionally.
PRMIA membership; bachelor's + 2 years experience, or master's degree, or CFA charterholder; approved PRM application
Policies get revised, so confirm the current requirements before you register on the official exam page.
PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition registration is handled through the official channels below.
For scheduling purposes: the exam is delivered Computer-based testing at Pearson VUE centers or online proctored.
Yes, PRMIA recommends the following training for PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition candidates.
Complement any training with the 290 practice questions in the ActualPDF 8006 package, because repeated application is what turns course knowledge into a passing score.
Yes. ActualPDF offers a free demo of the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition questions, so you can verify the quality personally before purchasing. Your purchase then includes a one-year service warranty: updates are free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your money is protected by a 100% money-back guarantee with defined conditions. Take the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead wait for the update version or change to other exam material: exchange for two other exam products of equal value, free, with your original purchase keeping its update service.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 7/24 even on official holidays. Installation is unlimited across your computers.
PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition is organized into 5 official domains. The most heavily weighted are Mathematical Foundations (10%), Financial Markets and Participants (20%), and Finance Theory and Portfolio Construction (25%). The full breakdown appears above on this page; study the weightings and your preparation priorities set themselves.
PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition Sample Questions:
Question 1
A trader comes in to work and finds the following prices in relation to a stock: $100 spot, $10 for a call expiring in one year with a strike price of $100, and $10 for a put with the same expiry and strike. Interest rates are at 5% per year, and the stock does not pay any dividends. What should the trader do?
A. Buy the call, sell the put and sell the stock
B. Do nothing
C. Buy the put, sell the call and buy the stock
D. Buy the call, buy the put and sell the stock
Question 2
According to the mean-variance criterion, which of the following statements are true in relation to an investor who does not borrow or lend?
I. The investor would select a portfolio of assets to minimize drawdowns II. The investor would prefer a portfolio on the efficient frontier III. The investor would prefer a portfolio with a higher return given the same level of risk IV. The investor would maximize portfolio return alone as the mean-variance criterion assumes risk neutrality
A. II and III
B. III
C. III and IV
D. I and II
Question 3
A pension fund has $100m in liabilities due in the future with an average modified duration of 20 years. The fund also holds a fixed income portfolio worth $125m with an average duration of 15 years. Which of the following approaches would be best suited for the pension fund to cover its interest rate risk?
A. Sell 15 year bond futures
B. Enter into an interest rate swap to receive floating and pay fixed
C. Enter into an interest rate swap to receive fixed and pay floating
D. The pension fund does not have any interest rate risk as assets more than adequately cover its liabilities
Question 4
Of the following, which measures can debt holders adopt to protect against a transfer of wealth to their detriment to the shareholders:
I. Restrictive covenants limiting dividends
II. Insisting on professional management separate from owners
III. Higher interest rates
IV. Periodic audits
A. I, II, III and IV
B. I, II and III
C. I and III
D. I, III and IV
Question 5
What is the approximate delta of an exactly at-the-money call option?
A. Close to 0
B. Close to 1
C. Close to 0.5
D. Close to -0.5
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: C |
