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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. None of the Above
C. -1.673%.
D. +1.673%.
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. A carry-over of a prior period's deficient balance
B. An increase in the bank's earnings credit rate
C. An increase in FDIC insurance charges
D. An increase in the bank's reserve requirement
Answer: B

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 diversify into a new industry
B. A company has decided to implement a price cut to increase its market share.
C. A company has decided to implement a cloud based disaster-recovery strategy.
D. A company has decided to implement pay equality for all its employees
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: A,E