Please help me answer this question. Thanks 4) All of the following are examples

Question

Please help me answer this question. Thanks

4) All of the following are examples of borrowings by a bank except

A-Federal Funds

B-Repurchase Agreement

C-Discount Loans

D-Commercial Loans

22) Investment Banks

A-Lease machinery and equipment to business firms

B-Acquire deposits from savers and lend them to borrowers

C-Assist business firms in raising new capital in primary markets

D-Aid the government to raise funds to cover the budget deficit

25) A Syndicate is

A-A group of brokers illegally making use of insider information

B-A group of commercial banks that agrees to accept the checks of each other's depositors

C-A group of investment banks underwriting a large security issue

D-A group of dealers that markets a government bond issue

27) What is the book value of a firm

A-The market value of its existing shares of stock

B-The current value of its retained earnings

C-The difference between the value of a firm's assets and the value of its liabilities

D-Its accumulated earning over time

34) In a defined contribution pension plan,

A-Pension income varies depending on how well the plan's investments have done

B-The employee is promised an assigned benefit based on earnings and years of service

C-If the funds in the pension plan exceed the amount promised, the excess accrues to the issuing firm or institution

D-All earnings are taxable as regular income.

Explanation / Answer

4). B-Repurchase Agreement - The buyer (Dealer) acts as a short-term lender, the seller (Bank) acts as a short-term borrower, and the security is the collateral.

22). B-Acquire deposits from savers and lend them to borrowers

25). B-A group of commercial banks that agrees to accept the checks of each other's depositors

27). C-The difference between the value of a firm's assets and the value of its liabilities

34). B-The employee is promised an assigned benefit based on earnings and years of service

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.