Fin 3244 exam 1 Study guides, Class notes & Summaries
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UWF FIN 3244 Exam 1 with Complete Solutions 2024
- Exam (elaborations) • 5 pages • 2024
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UWF FIN 3244 Exam 1 with Complete Solutions 2024
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UWF FIN 3244 Exam 1 with Complete Solutions 2024
- Exam (elaborations) • 5 pages • 2024
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UWF FIN 3244 Exam 1 with Complete Solutions 2024
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FIN 3244 Exam 1 Questions & Answers 2023/2024
- Exam (elaborations) • 18 pages • 2023
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FIN 3244 Exam 1 Questions & Answers 2023/2024 
 
Compared to interest rates on long-term U.S. government bonds, interest rates on ________ fluctuate more and are lower on average. 
 
low-quality corporate bonds 
high-quality corporate bonds 
three-month Treasury bills 
medium-quality corporate bonds 
none of the above - ANSWER-three-month Treasury bills 
 
The organization responsible for the conduct of monetary policy in the United States is the 
 
Federal Reserve System. 
Comptroller of the Cu...
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FIN 3244 Exam 1
- Exam (elaborations) • 4 pages • 2023
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The central bank of the United States is 
Citicorp 
The Fed 
Bank of America 
The Treasury 
None of these - Answer- the fed 
 
Interest rates are important to financial institutions since an interest rate increase ________ the cost of acquiring funds and ________ the income from assets 
A) decreases; decreases 
b) increases; increases 
c) decreases; increases 
d) increases; decreases - Answer- b 
 
Financial market activities affect 
a) personal wealth 
b) spending decisions by individuals and b...
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