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1. Given that yields are trending downward, a bank should increase credit activity to take advantage of such interest rate environment. A. TRUE B. FALSE
1. Given that yields are trending downward, a bank should increase credit activity to take advantage of such interest rate environment.
A. TRUE
B. FALSE
2. Investment return yield is a measurement of a bonds return, using a 360-day year that is calculated relative to the price paid for the bond by the bond holder.
A. TRUE
B. FALSE
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Public Finance
Authors: Harvey S Rosen, Ted Gayer
9th International Edition
0071267883, 9780071267885
