Fin 3244 exam 1 - Study guides, Class notes & Summaries

UWF FIN 3244 Exam 1 with Complete Solutions 2024

UWF FIN 3244 Exam 1 with Complete Solutions 2024

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...

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...