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NEW QUESTION: 1
Mutual funds provide an attractive investment choice because they generally offer the following feature/s:
A. All of these
B. Diversification
C. Affordability
D. Professional Management
Answer: A

NEW QUESTION: 2
When matching, is it always necessary to group data?
A. Only if the quality of the data is poor
B. Yes, it's always necessary
C. Only if the customer thinks it's a good idea
D. Not always. If the dataset is small enough, grouping is not required
Answer: D

NEW QUESTION: 3
Which of the following situations would be most likely to result in a negative mark-to-market for a bank borrowing short term and lending long term?
A. if there is a downward parallel shift in the yield curve
B. credit spread tightening of the long term position
C. if the yield curve is inverted
D. if the yield curve becomes steeper
Answer: D