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NEW QUESTION: 1
Section B (2 Mark)
A bond has a convexity of 57.3. The convexity effect if the yield decreases by 110 basis points is closest to:
A. 0.69%
B. +1.673%.
C. -1.673%.
D. None of the Above
Answer: A

NEW QUESTION: 2
Which of the following factors will allow a company to decrease the amount of collected balances required to compensate its bank for services?
A. An increase in FDIC insurance charges
B. An increase in the bank's reserve requirement
C. An increase in the bank's earnings credit rate
D. A carry-over of a prior period's deficient balance
Answer: C

NEW QUESTION: 3
Strategy is usually described as having three different levels: namely corporate strategy, business strategy and functional strategy. Which of the following are corporate strategies? Select ALL that apply.
A. A company has decided to implement a price cut to increase its market share.
B. A company has decided to implement pay equality for all its employees
C. A company has decided to diversify into a new industry
D. A company has decided to implement a cloud based disaster-recovery strategy.
E. A company has decided to liquidate its assets and go out of business.
F. A company has decided to invest to increase its levels of service to its key customers.
Answer: C,E