<span style="color: #ff0000;">Please note: this product has been withdrawn as FME can no longer include past ACT exam questions in our learning materials</span>

<span style="color: #ff0000;">Individual or small group webinar support</span> <a href="https://www.fmelearnonline.com/webinar-support/">can still be purchased here.</a>

Exam technique is critical to passing your exam.

The only way to know whether your exam technique is up to scratch is to practice exam questions. Our experienced marker will mark your worked solutions and then advise you on how you can improve.

Choose a question from the list of past exam questions.  Several of these date back to before the exams currently available from the ACT, so you will have not seen these before.
<h3>Available questions</h3>
<p style="padding-left: 30px;">Q1: October 2012 Q1: The foreign exchange risk to balance sheet covenants, the probability of the covenants being breached and balance sheet hedging.</p>
<p style="padding-left: 30px;">Q2: October 2011 Q1: The hedging of interest rate risk using FRA and OTC IR options.</p>
<p style="padding-left: 30px;">Q3: October 2011 Q3: A cross-currency interest rate swap valuation, counterparty risk and ISDA credit annex.</p>
<p style="padding-left: 30px;">Q4: October 2012 Q4: An amortising interest rate swap being matched to an underlying loan.</p>
<p style="padding-left: 30px;">Q5: October 2010 Q1: The hedge outcomes and discussion of risk exposure under different forward contract strategies to hedge foreign purchases.</p>
<p style="padding-left: 30px;">Q6: October 2012 Q2: hedging a contract bid with currency options and dealing with them if the contract is awarded.</p>
<p style="padding-left: 30px;">Q7: October 2010 Q5: Criteria for short term investments, yield calculations and counterparty risk.</p>
<p style="padding-left: 30px;">Q8: October 2012 Q5: Deficit valuation for a defined benefit pension scheme under different assumptions and discussion of the risk to the different parties.</p>
<p style="padding-left: 30px;">Q9: October 2010 Q5: Influences on commodity prices and demonstrating the hedging of this risk, using commodity forward contracts.</p>
<p style="padding-left: 30px;">Q10: October 2012 Q3: The market risk and sensitivity of different investments to changes in market yields.</p>

<h3>How this process works:</h3>
Buying this product enrols you on a course on our study site.  You can access our study site either by selecting 'study site' at the top of out website, or going to www.fmelearnonline.com/study.
<ul>
 	<li>You download the exam from our study site</li>
 	<li>You work the exam on paper, ideally under exam conditions</li>
 	<li>You scan your solution and save it as a single pdf document (we recommend you use Fastscanner via <a href="https://play.google.com/store/apps/details?id=com.coolmobilesolution.fastscannerfree&amp;hl=en">android</a> or <a href="https://itunes.apple.com/gb/app/fast-scanner-quickly-scan/id586167688?mt=8">apple</a>.</li>
 	<li>You upload your pdf document following the instructions in your course. Your tutor will be immediately notified of this.</li>
 	<li>Your tutor will annotate your solution and upload it as a 'feedback' document to the study site where only you can see/ download / print it.</li>
 	<li>We aim to mark and return your exam to you within one week.</li>
</ul>
Please email <a href="mailto:mark@fmetraining.com">mark@fmetraining.com</a> with any comments / feedback, either before, during or after this process.