BUNDLE - FINC 3310 EXAMS

FINC 3310 Leavell Possible Exam 2 Questions & Answers 2023/2024 The Federal Funds rate is the - ANSWER-interest rate on overnight loans of reserves from one bank to another. Critics of the current system of Fed independence contend that - ANSWER-the current system is undemocratic. What is...

FINC 3310 Exam Questions & Answers 2023/2024

FINC 3310 Exam 2 Questions & Answers 2023/2024 Intrinsic value: - ANSWER-value which justified by facts for example: assets,earnings, dividends,future earning power. including other factors: management strategies, etc. Discrepancies between price and value originate: - ANSWER-First: price ab...

FINC 3310-Leavell - Exam 3 Preparation Questions & Answers 2023/2024 In a[n] ________ fund, investors may buy or sell shares at any time at the Net Asset Value of the fund. - ANSWER-open-end ________ is not putting all of you eggs in one basket. - ANSWER-Diversification _____ allows inves...

FINC 3310 - Leavell - Actual Exam 4 Questions & Answers 2023/2024 Commercial paper is issued by ________. - ANSWER-corporations ________ imposes rules and restrictions on managers designed to protect bondholders' interests. - ANSWER-Restrictive covenants Which of the following best expla...

FINC 3310 Exam Questions & Answers 2023/2024 Which banks are required to be members of the Fed? Can other banks be members? Are there disadvantages for a bank to be a member? - ANSWER-National Banks are required to be members of the Fed. Other banks can be members but it's not required. No dis...

FINC 3310 exam 3 questions & answers 2023/2024 Two quotes - ANSWER-"Always be humble and kind" "Thoroughly understand your investments" Mortgage securitization - ANSWER-A pool of mortgages packaged together and sold off in pieces, managed by a trustee Mortgage backed security - ANSWE...

FINC 3310 EXAM 1 QUESTIONS & ANSWERS 2023/2024 what are the 2 functions of money - ANSWER-store value and facilitate trade why do we have such a complex FED reserve system, why did we not just build a central bank in NY city - ANSWER-fear of centralized power fear of wealthy bankers control...

FINC 3310 Exam 1 Questions & Answers 2023/2024 Shareholders; Shareholders - ANSWER-____ are the owners of the firm and managers work for them; therefore, managers should do what is best for the ____. Make money or increase their wealth - ANSWER-Shareholders invest in firms mainly to... Fi...

FINC 3310 Exam 1 Questions & Answers 2023/2024 The _____ is a place where financial assets are exchanged. - ANSWER-equity market foreign exchange bond market All of the above. A(n) ____ is the cost of borrowing money. - ANSWER-interest rate The _____ uses Monetary Policy to help contro...

FINC 3310 FINAL EXAM QUESTIONS & ANSWERS 2023/2024 What is a mortgage? - ANSWER-A long-term loan secured by real estate. This means that the real estate is used as collateral, and if you miss a payment, the real estate will be taken away. It is also an amortized loan, which means it is a fixed ...

FINC 3310/LEAVELL - All Quizzes - Final Exam Preparation 2023/2024 The _____ uses Monetary Policy to help control the Money Supply. - ANSWER-Fed The price of one country's currency in terms of another's currency is the ___ rate. - ANSWER-foreign exchange ___ represents an ownership posi...

FINC 3310 Leavell All Actual Exams 1, 2, 3, & 4 Final Exam Preparation 2023/2024 Larry can borrow $1,000 from Mary. She wants him to pay her $1,290 in 3 years. About what would the YTM be for the loan? - ANSWER-8.86% The _____ interest rate more accurately reflects the total cost of borrowin...

FINC 3310 - Leavell - Actual Final Exam Questions & Answers 2023/2024 The concept of Time Value of Money means ____. - ANSWER-a dollar today is worth more than a dollar tomorrow What is the feature of a corporate bond that protects the purchaser for the bond from moral hazard problems on the p...