CTP Exam Dumps - Certified Treasury Professional

A Treasury Management System (TMS) is used to:

XYZ Company's cash manager is evaluating cash concentration transfer options. The company has an 8% cost of funds and $50,000 in average daily field cash receipts. The wire transfer results in the transfer of funds one day faster. Which of the following options correctly ranks the transfer choices from most cost-effective to least cost-effective?

1. Electronic depository transfer costing $1.00

2. Electronic depository transfer costing $2.50

3. Wire transfer costing $8.00

4. Wire transfer costing $15.00

A company invests in a bond and then later agrees to sell the bond to a bank with the understanding that the company will buy the bond back at a later time. This is known as:

A banker's acceptance can be described as all of the following EXCEPT:

Under a loan agreement, which of the following could be an event of default?

I. Nonpayment of interest when due

II. A material adverse change in the condition of the borrower

III. A debt-to-equity ratio above the limit specified

IV. Shortening the cure period by half

All of the following factors influence a company's decision to use electronic commerce EXCEPT:

Which of the following are treasury management objectives?

I. To meet obligations in a timely manner

II. To minimize holdings in non-earning cash balances

III. To monitor and assist in the control of financial risk

IV. To evaluate costs and benefits of capital projects

A company’s capital structure includes $800,000,000 in total capital, of which $200,000,000 comes from debt. The firm’s after-tax cost of debt is 6%, and its cost of equity is 12%. The marginal tax rate is currently 40%. What is the company’s weighted average cost of capital?