FIN 511 LearnSmart Exam

FIN 511 LearnSmart Exam
Which statements are true of money market instruments?
- they have relatively low credit risk
-they are directly accessible to individual investors
-they can be purchased indirectly through mutual funds
- they include the entire fixed income market
Which statements are true about bid-ask spreads?
- Individual investors buy from dealers at the bid price and sell at the ask price.
- Dealers buy at the bid price and sell at the ask price.
- They are defined as the bid price minus the ask price.
- They are a source of profit for a dealer.
The prohibition of trading for their own accounts by deposit-taking banks is the ______
Rule, named for the former Federal Reserve Chair.
- Yellen
- Bernanke
- Greenspan
- Volcker
Which of the following statements are correct regarding commercial paper?
- maturities range up to 350 days but most often are issued with a maturity of less than
30 days
- is backed by a bank line of credit
- considered to be a fairly safe asset due to the ability to be monitored and predicted
over a short term.
- is backed by a bank line of credit
A _______ of ________ is a time deposit with a bank where the bank pays interest and
principal to the depositor only at maturity.
certificate; deposit
Why might the rating agencies have so dramatically underestimated credit risk in
subprime securities?
- Default probabilities had been estimated using historical data that did not include
periods of rising rates.
- They extrapolated historical default experience to a new sort of borrower pool.
- Since they were paid to provide ratings by the issuers of the securities, they faced
pressure to provide generous ratings.
- Default probabilities had been estimated using historical data from an unrepresentative
period characterized by a housing boom.

FIN 511 LearnSmart Exam,FIN 511 LearnSmart Test,FIN 511 LearnSmart Flashcard,FIN 511 LearnSmart quiz,FIN 511 LearnSmart Practice,FIN 511 LearnSmart Practice test,FIN 511 LearnSmart Practice flashcard,FIN 511 LearnSmart Practice exam,FIN 511 LearnSmart Study guide,FIN 511 LearnSmart Practice questions,FIN 511 LearnSmart Questions,FIN 511 LearnSmart Practice questions and answers,FIN 511 LearnSmart Questions and answers,FIN 511 LearnSmart pdf,FIN 511 LearnSmart quizlet,FIN 511 LearnSmart reddit,FIN 511 LearnSmart Answer sheet,FIN 511 LearnSmart Answer key,FIN 511 LearnSmart Pdf free,FIN 511 LearnSmart Exam help,FIN 511 LearnSmart Cheat sheet,FIN 511 LearnSmart quiz bank,FIN 511 LearnSmart Questions bank,FIN 511 LearnSmart Practice Guide,FIN 511 LearnSmart Guide,FIN 511 LearnSmart Testbank,FIN 511 LearnSmart Practice Answers,FIN 511 LearnSmart Answers,FIN 511 LearnSmart Exam prep,FIN 511 LearnSmart Prep,FIN 511 LearnSmart Pdf download,FIN 511 LearnSmart Flashcards,FIN 511 LearnSmart Real questions,FIN 511 LearnSmart Actual questions,FIN 511 LearnSmart Real Questions and answers,FIN 511 LearnSmart Actual Questions and answers,FIN 511 LearnSmart Exam review,FIN 511 LearnSmart Review,FIN 511 LearnSmart Exam questions,FIN 511 LearnSmart Exam questions and answers,FIN 511 LearnSmart Practice test pdf,FIN 511 LearnSmart Practice test quizlet,FIN 511 LearnSmart Practice test Reddit,FIN 511 LearnSmart Practice test quizlet multiple choice,FIN 511 LearnSmart Exam study guide,FIN 511 LearnSmart Practice test free,FIN 511 LearnSmart Test questions,FIN 511 LearnSmart Exam study guide,FIN 511 LearnSmart Practice exam free,FIN 511 LearnSmart Practice tests free,FIN 511 LearnSmart Exam practice test,FIN 511 LearnSmart Exam test questions,FIN 511 LearnSmart Exam questions and answers,FIN 511 LearnSmart Exam practice test