Finc 3310 - Study guides, Class notes & Summaries

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation The ______ is the financial market in which only short-term debt instruments are traded. money market ______ are agents of investors who match buyers with sellers of securities. Brokers The _____ interest rate more accurately reflects the total cost of borrowing. real Bonds with relatively low risk of default are called _____. investment grade bonds Financial institutions exist to _____. lower transactions c...

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 position in a corporation. - ANSWER-Stock A(n) _____ is an obligation of the borrower. - ANSWER-bond A(n) ___ functions as a middle man in the transfer of funds from lenders to borrowers. - ANSWER-f...

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation The ______ is the financial market in which only short-term debt instruments are traded. money market ______ are agents of investors who match buyers with sellers of securities. Brokers The _____ interest rate more accurately reflects the total cost of borrowing. real Bonds with relatively low risk of default are called _____. investment grade bonds Financial institutions exist to _____. lower transactions c...

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... Financial Manager - ANSWER-The primary goal of the ____ ____ should be to maximize shareholder wealth, which is equivalent to maximizing the stock price or maximizing the firm's market capitalization. ...

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation The ______ is the financial market in which only short-term debt instruments are traded. money market ______ are agents of investors who match buyers with sellers of securities. Brokers The _____ interest rate more accurately reflects the total cost of borrowing. real Bonds with relatively low risk of default are called _____. investment grade bonds Financial institutions exist to _____. lower transactions c...

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation The ______ is the financial market in which only short-term debt instruments are traded. money market ______ are agents of investors who match buyers with sellers of securities. Brokers The _____ interest rate more accurately reflects the total cost of borrowing. real Bonds with relatively low risk of default are called _____. investment grade bonds Financial institutions exist to _____. lower transactions c...

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation The ______ is the financial market in which only short-term debt instruments are traded. money market ______ are agents of investors who match buyers with sellers of securities. Brokers The _____ interest rate more accurately reflects the total cost of borrowing. real Bonds with relatively low risk of default are called _____. investment grade bonds Financial institutions exist to _____. lower transactions c...

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 - ANSWER-An investment security which pays the owner income received from the underlying mortgage payments Prepayment risk - ANSWER-Having loans payed early which forces investors to find alternative inve...

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 payment where the borrower pays an amount towards the interest and principal each month. Which of the following is NOT a way that we characterize mortgages? a. mortgage loan amortization b. loa...

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 controlling the system the desire to diffused power across the country the desire to ensure that all regions were represented How many Federal Reserve Banks are there? - ANSWER-12 what are the five...