The 8006 latest practice test and updated exam questions give overall coverage to study material preparing for the exam. Happy to pass with it!
Exam Code: 8006
Exam Name: Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition
Updated: Oct 18, 2026
Q & A: 290 Questions and Answers
8006 Free Demo download
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| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | Exam I: Finance Theory, Financial Instruments, Financial Markets - 2015 Edition |
| Exam Number: | 8006 |
| Real Exam Qty: | 36 |
| Certificate Validity Period: | 2 years from passing date |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Related Certifications: | Associate PRM PRM Certification |
| Exam Format: | Multiple Choice |
| Passing Score: | 60% |
| Exam Price: | $325 - $400 USD (member/non-member) |
| Recommended Training: | PRMIA Official Study Materials |
| Exam Registration: | Pearson VUE Scheduling PRMIA Official Registration |
| Sample Questions: | ![]() |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Financial Markets and Participants | 20% | - Market participants and their roles - Structure and types of financial markets - Trade lifecycle, dealing and settlement processes |
| Finance Theory and Portfolio Construction | 25% | - Mean-variance portfolio theory - Risk-adjusted performance measures - CAPM, multifactor models and APT - Utility theory, risk and return axioms |
| Derivatives Instruments | 25% | - Options: types, payoffs and valuation basics - Futures and forward contracts - Swaps and other derivative instruments |
| Fixed Income Securities and Markets | 20% | - Bond characteristics and valuation - Money market instruments and yield calculations - Credit risk and capital structure analysis - Term structure of interest rates |
| Mathematical Foundations | 10% | - Basic statistical methods for finance - Probability concepts including Bayesian theory |
Yes — the vendor's recommended training:
Training classes demand schedules; practice questions demand only spare minutes. After any course, the 8006 questions from PassTorrent measure how much of it will survive exam day.
The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition blueprint has 5 domains, led by Financial Markets and Participants (20%), Finance Theory and Portfolio Construction (25%), Mathematical Foundations (10%). Think of the weightings as the vendor's hint about where points concentrate — plan your hours accordingly. The complete outline above lists every subtopic.
Registration happens through the vendor's official channels:
The exam is delivered Computer-based testing at Pearson VUE centers or online proctored — choose the arrangement that works for you when you book.
Passing the 8006 exam earns you the Professional Risk Manager (PRM) certification at the Professional level — PRMIA's official verification of your skills. It's considered important because it's genuinely difficult, which is exactly why it carries weight with employers. Related credentials include PRM Certification, Associate PRM.
36 questions in 120 minutes. That combination rewards candidates who've trained their pace, not just their memory — so before the real thing, run full timed sessions in the PassTorrent engine, practice flagging hard questions instead of fighting them, and learn what your sustainable per-question rhythm feels like.
Delivery is instant: successful payment triggers an automatic email with your product, arriving in about a minute — install on unlimited computers, and if 2 hours pass with nothing, our 24/7/365 customer service will fix it fast. The guarantee: take the corresponding 8006 exam within 60 days of purchase, and if you fail, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a 100% refund processed within 7 days. Exclusions: exams within 3 days of purchase, name mismatches between candidate and payer, and free or expired products. Prefer a swap? Take two equal-value exam products free, updates intact.
PRMIA membership; bachelor's + 2 years experience, or master's degree, or CFA charterholder; approved PRM application Before paying any registration fee, verify the current criteria on the official exam page — official 8006 exam page — since vendors do revise their rules.
The official fee is $325 - $400 USD (member/non-member), with 60% required to pass. Both numbers matter more together: the fee is per attempt, so every retake costs the full amount again. Drilling the 290 practice questions from PassTorrent until you're comfortably past the mark is the fiscally sound approach.
Yes — the free demo gives you several real questions and answers from the set, so you can see whether it interests you and helps you before spending anything. Once you buy, updates are free for 365 days — new versions are mailed to you automatically — and an expired update period renews at 50% off.
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following statements are true for a contingent premium option:
I. They are also called 'pay-later' options
II. Premiums are due only if the option expires in the money
III. They are a combination of a vanilla option and an appropriate number of cash-or-nothing options IV. They are preferred because the premiums are always less than those on equivalent vanilla options
Correct Answer: A 🗳️
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
Security A and B both have expected returns of 10%, but the standard deviation of Security A is 10% while that of security B is 20%. Borrowings are not permitted. A portfolio manager who wishes to maximize his probability of earning a 25% return during the year should invest in:
Correct Answer: B 🗳️
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
If x represents wealth, and u(x) its utility, then a logarithmic utility function can be represented by:
Correct Answer: D 🗳️
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
The price of an interest rate cap is determined by:
I. The period to which the cap relates
II. Volatility of the underlying interest rate
III. The exercise or the strike rate
IV. The risk free rate
Correct Answer: A 🗳️
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
A risk analyst working for an asset manager with a large debt portfolio is tasked with determining the suitability of using a traded debt ETF as a hedge against the value of the debt portfolio. He/she calculates the minimum variance hedge ratio to be exactly 1.0.
Given the above facts, which of the following statements are certainly true:
I. The ETF represents a perfect hedge for the portfolio
II. The volatility of the portfolio is the same as that for the ETF
III. The ETF cannot be used as an effective hedge for the debt portfolio IV. None of the above
Correct Answer: A 🗳️
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
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