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Question
International banking facilities (IBFs):a. cannot offer transaction accounts to non-bank customers.
b. must hold reserves with the Federal Reserve against deposits.
c. do not have to pay FDIC insurance premiums on Eurodollar deposits.
d. all of the above
e. a. and c. only
Answer
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Related questions
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Which of the following is not true regarding collateralized mortgage obligations (CMOs)?
a. Interest earned on CMOs is exempt from state income taxes.
b. CMO yields are generally higher than comparable Treasury yields.
c. CMOs exhibit little default risk.
d. All of the above are true.
e. Only a. and c. are true.
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Regulators generally prohibit banks from purchasing ____________ for income purposes.
a. Treasury bills
b. commercial paper
c. common stock
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b. A Lubbock County general obligation bond to build a new sewer plant.
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Eurobonds are subject to fewer regulations than U.S. issued bonds.
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A forward market exchange in foreign currencies is an agreement to exchange:
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b. currencies in the future at a specified time at an unknown exchange rate.
c. currencies in the future at an unspecified time at an unknown exchange rate.
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Q:
Non-performing international loans do not completely reflect potential losses because:
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The risk that a foreign government will suspend debt service payments is known as:
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Historically, what has prevented universal banks from operating in the United States?
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Q:
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c. undivided profits.
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Q:
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b. mezzanine financing.
c. automobile financing.
d. seed money.
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Q:
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b. are limited to "negative" provisions.
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d. are seldom enforced.
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In the credit process, which of the following activities falls under Credit Execution and Administration?
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a. International risk
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c. Continent risk
d. Country risk
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Q:
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a. a good faith deposit.
b. a loan against the repurchase agreement.
c. a risk-free guarantee.
d. the difference between the market value of the collateral and the amount of the loan.
e. all of the above.