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NEW QUESTION: 1
Section B (2 Mark)
Withholding Tax Rates for payments made to Non-Residents are determined by the Finance Act passed by the Parliament for various years. The current rates for Interest are:
A. 0
B. 1
C. 2
D. 3
Answer: C
NEW QUESTION: 2
A. Option D
B. Option C
C. Option A
D. Option B
Answer: C
NEW QUESTION: 3
What do you call a combination of a long (short) call option and short (long) put option with same face value, same expiration date, same style, where the strike price is equal to the forward price?
A. risk reversal
B. a straddle
C. a synthetic forward
D. a strangle
Answer: C
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