Finc 3310 exam 2 - Study guides, Class notes & Summaries

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...

FINC 3310/Leavell - Quizzes Chapters 7,9 & 10 (Exam 2 Preparation) 2023/2024 ____ are provisions that restrict and specify certain activities in which the borrower can engage. - ANSWER-Restrictive covenants A(n) _____________ is a contractual agreement by the borrower to pay the lender fixed dollar amounts at periodic intervals. - ANSWER-debt contract ____ financing is many times more important than ______ financing. - ANSWER-Indirect; direct Investors use _____ that reflect the pr...

FINC 3310 Leavell - All Possible Exams 1, 2, 3, & 4 - Final Exam Preparation(Chapters 1, 2, 3, 5, 7, 9, 10, 11, 12, 13, 14, 20 & 21)Correct 2023

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 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 disadvantages for banks to be members, they are both subject to the same reserve requirements. Explain the structure of the Fed and the basic roles of ea. entity - ANSWER-Structure of the Fed was desi...

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...