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The forward rate premium reflects the percentage by which the spot rate exceeds

ID: 2639501 • Letter: T

Question

The forward rate premium reflects the percentage by which the spot rate exceeds the forward rate on an annualized basis.

Question 11 options:

b) False

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The Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010:

Question 16 options:

ended the system of risk-based insurance premiums.

set requirements for the Deposit Insurance Fund

a) True

b) False

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The Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010:

Question 16 options:

a)

ended the system of risk-based insurance premiums.

b)

set requirements for the Deposit Insurance Fund

Explanation / Answer

1 b) False

2

ended the system of risk-based insurance premiums.

A compendium of federal regulations, primarily affecting financial institutions and their customers, that the Obama administration passed in 2010 in an attempt to prevent the recurrence of events that caused the 2008 financial crisis. The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as simply "Dodd-Frank", is supposed to lower risk in various parts of the U.S. financial system. It is named after U.S. Senator Christopher J. Dodd and U.S. Representative Barney Frank because of their significant involvement in the act

a)

ended the system of risk-based insurance premiums.

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