Beruflich Dokumente
Kultur Dokumente
Question 1
Complete
Not graded
What is the Annual Effective Interest Rate (EAR) if the Annual Percentage Rate
(APR) is 5% and compounding is quarterly?
Select one:
Slightly below 5.09%
Over 5.25%
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2/6/2020 Practice Quiz M3 (Ungraded)
Question 2
Complete
Not graded
Select one:
Neither statement A nor B
Only statement B
Both statement A and B
Only statement A
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2/6/2020 Practice Quiz M3 (Ungraded)
Question 3
Complete
Not graded
Let I denote the initial value of a loan or debt instrument, F the promised nal value
of the loan or instrument, and T the term of the loan or instrument.
Select one:
is the effective interest rate on the loan.
F −I
I −F
is the annual effective interest rate on the loan.
I
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2/6/2020 Practice Quiz M3 (Ungraded)
Question 4
Complete
Not graded
Statement A: Negotiable certi cates of deposit are more liquid than non-
negotiable certi cates of deposit.
Statement B: Money-market instruments that cannot be traded secondarily
are illiquid.
Select one:
Only statement B
Only statement A
Question 5
Complete
Not graded
Statement A: The difference between the par value and the price is a
compensation for the possibility of default.
Statement B: Buying a certi cate of deposit is synonymous with lending
money.
Select one:
Only statement B
Both statement A and B
Neither statement A nor B
Only statement A
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2/6/2020 Practice Quiz M3 (Ungraded)
◄ Notes 4 M3
Jump to...
Live Session M3 ►
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