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FIN 385 questions and correct answers
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    FIN 385 questions and correct answers

  • when a securities firm acts as a broker, it - Ansexecutes transactions between two parties (blank) securities have a maturity of one year or less; (blank) securities are generally more liquid. - Ansmoney market; money market a firm that was privately held engages in an offering of stock to the public. this is considered a (blank) market transaction. - Ansprimary commercial paper in an example of a (blank blank) security. - Ansmoney market without the participation of financial intermedia...
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Fin 385 - Annuity Quiz EXAM 3
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    Fin 385 - Annuity Quiz EXAM 3

  • Fin 385 - Annuity Quiz EXAM 3
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FINA 385 EXAM 2 QUESTIONS AND  CORRECT ANSWERS
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    FINA 385 EXAM 2 QUESTIONS AND CORRECT ANSWERS

  • FINA 385 EXAM 2 QUESTIONS AND CORRECT ANSWERS What are the factors the affect the exchange rate? ANSW-inflation differential, interest rate differential, and income differential Inflation differential ANSW-When US inflation is higher (by 5%), there is higher domestic inflation: which leads to higher exchange rate Interest rate differential ANSW-When domestic interest rate is higher, it will lead to higher exchange rate in the long-term Income differential ANSW-trade deficits ...
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FIN 385- EXAM 1 STUDY GUIDE  QUESTIONS AND CORRECT  ANSWERS
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    FIN 385- EXAM 1 STUDY GUIDE QUESTIONS AND CORRECT ANSWERS

  • FIN 385- EXAM 1 STUDY GUIDE QUESTIONS AND CORRECT ANSWERS The insurer agrees to do certain things, such as paying losses from covered perils, providing certain services (such as loss-prevention services), or agreeing to defend the insured in a liability lawsuit. Conditions ANSW-provisions in the policy that qualify or place limitations on the insurer's promise to perform. Strict Liability ANSW-means that liability is imposed regardless of negligence or fault. Comparative neg...
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FIN 385 EXAM 2 QUESTIONS AND  CORRECT ANSWERS
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    FIN 385 EXAM 2 QUESTIONS AND CORRECT ANSWERS

  • FIN 385 EXAM 2 QUESTIONS AND CORRECT ANSWERS What does Medigap cover? ANSW-Health care costs not covered by Medicare such as copayments, coinsurance, deductibles, and travel Who provides Medigap? ANSW-Private Companies What is the purpose of coinsurance? ANSW-encourages people to buy adequate coverage Benefits of the affordable care act ANSW-- Children can go on parents plan (max age: 26) -tax credits -insurance exchanges -eliminates Part D -Small business health care tax cred...
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FINA 385 OPTION STRATEGIES  QUESTIONS AND CORRECT  ANSWERS
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    FINA 385 OPTION STRATEGIES QUESTIONS AND CORRECT ANSWERS

  • FINA 385 OPTION STRATEGIES QUESTIONS AND CORRECT ANSWERS butterfly spread ANSW-long one call option of X1 and long one call option of X3 while shorting two call options of X2, where X2= average of X1 & X3 protective put ANSW-Buy a stock and the put option of the stock covered call ANSW-buy the stock and the call option on the stock bullish spread ANSW-long call (x1) and short call (x2) where X1<X2 Long straddle ANSW-Long the call option and long the put option
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FINA 385 CHAPTER 6 QUESTIONS AND  CORRECT ANSWERS
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    FINA 385 CHAPTER 6 QUESTIONS AND CORRECT ANSWERS

  • FINA 385 CHAPTER 6 QUESTIONS AND CORRECT ANSWERS 1 ) Which of the following statements regarding risk - averse investors is true ? ANSW-They only accept risky investments that offer risk premiums over the risk - free rate . 2 ) Which of the following statements is ( are ) true ? I ) Risk - averse investors reject investments that are fair games . II ) Risk - neutral investors judge risky investments only by the expected returns . III ) Risk - averse investors judge investments only ...
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FIN 385 PRACTICE PROBLEMS  QUESTIONS AND CORRECT  ANSWERS
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    FIN 385 PRACTICE PROBLEMS QUESTIONS AND CORRECT ANSWERS

  • FIN 385 PRACTICE PROBLEMS QUESTIONS AND CORRECT ANSWERS Which of the following is a covered person under the medical payments coverage of the PAP? ANSW-a family member of the name insured if struck by an auto while crossing the street John has an auto which is covered for collision losses subject to a $250 deductible. Kate's auto also has collision coverage but her deductible is $500. Which of the following statements describes how a $2,000 collision loss will be paid if it oc...
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FIN 385 EXAM 1 QUESTIONS AND  CORRECT ANSWERS
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    FIN 385 EXAM 1 QUESTIONS AND CORRECT ANSWERS

  • FIN 385 EXAM 1 QUESTIONS AND CORRECT ANSWERS Excluded Property: The contract may exclude or place limitations on the coverage of certain property. For example, in a homeowners policy, certain types of personal property are excluded, such as cars, planes, animals, birds and fish. Exclusions continued ANSW-used because extraordinary hazards are present also necessary because coverage can be better provided by other contracts. certain property is excluded because of moral hazard or...
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FIN 385 EXAM 1 QUESTIONS AND  CORRECT ANSWERS
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    FIN 385 EXAM 1 QUESTIONS AND CORRECT ANSWERS

  • FIN 385 EXAM 1 QUESTIONS AND CORRECT ANSWERS A passive monetary policy adjusts the money supply automatically in response to economic conditions. True or False ANSW-False In general, there is a) a positive relationship between unemployment and inflation b) an inverse relationship between unemployment and inflation c) an inverse relationship between GDP and inflation d) a positive relationship between GDP and unemployment ANSW-b) an inverse relationship between unemployment ...
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