FIN 564 : Management of Financial Institutions (FIN 564)

1. Should countries forgo using their own currency and adopt as legal tender a stable foreign currency? Address the following in your answer: a. Give two advantages and two disadvantages of dollarization.2. What are the differences in the structures of the New York and Nasdaq exchanges? How are stocks traded on each? What role (or roles) does a specialist or market maker play in the two exchanges?3. Barr Bank has just purchased bonds for $106 million that have a par value of $100 million, three ...