2.3.4.

Suppose American National Bankshares has $1.8 billion in total assets on 12/31/2020. One of American National's assets is $3.6 million in Federal Reserve Bank stock. The income from this stock over the year 2021 is expected to be $0.372 million $0.324 million $0.086 million $0.432 million $0.216 million $0.186 million Suppose there is a $1000 repo with a 3% haircut, at a 6% annual interest rate for a term of 60 days. Assume simple interest and a 360-day year. What is one of the things that happens at the maturity of the contract? The lender returns $970 of Treasury Bonds to the borrower The borrower returns $1030 of Treasury Bonds to the lender The borrower returns $970 of Treasury Bonds to the lender The lender returns $1030 of Treasury Bonds to the borrower A bank is owed $195,000 in principal plus accrued interest, and has incurred $5,000 in covered foreclosure-related costs. If the PMI coverage percentage is 15%, then if the house sells for $176,000 in the foreclosure auction to a third party, then the insurer will pay the bank $24,000 $30,000 $18,000 Which federal regulator periodically examines federally-chartered banks, like National Bank of Blacksburg? Office of the Comptroller of the Currency Federal Deposit Insurance Corporation Federal Reserve Board Previous Page Next Page Page 30 of 45