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NEW QUESTION: 1
Mutual funds provide an attractive investment choice because they generally offer the following feature/s:
A. Affordability
B. Diversification
C. Professional Management
D. All of these
Answer: D
NEW QUESTION: 2
When matching, is it always necessary to group data?
A. Only if the customer thinks it's a good idea
B. Yes, it's always necessary
C. Not always. If the dataset is small enough, grouping is not required
D. Only if the quality of the data is poor
Answer: C
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. credit spread tightening of the long term position
B. if there is a downward parallel shift in the yield curve
C. if the yield curve is inverted
D. if the yield curve becomes steeper
Answer: D