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choose the right answer for the following questions. 31. The American banking system serves two major types of customers: A) depositors and borrowers. B) commercial
choose the right answer for the following questions. 31. The American banking system serves two major types of customers: A) depositors and borrowers. B) commercial clients and residential clients. C) secured creditors and unsecured creditors. D) short-term borrowers and long-term borrowers 32. Designed to create more confidence in banking institutions, the FDIC and the FSLIC were established: A) soon after the Civil War. B) in 1908, as the result of the banking panic in 1907. C) in 1917, as the nation entered World WarL D) during the Great Depression of the 1930s 33. Security markets assist businesses in performing their function. A) investing B) planning C) financing D) controlling 34. As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by scinng new shares of stock. Which of the following refers to a specialist that assists coorations in the issue and sale of new securities? A) An investment banker. B) A commodities broker. C) An officer of the Securities and Exchanges Commission (SEC). D) An institutional investor advisor. 35. All of thoso reprosent disadvantages of issuing bonds sxcept A) the face value of bonds must be repaid on the maturity date. B) interest payments are legally required. C) bonds increase the firm's debt. D) bondholders receive voting rights. 36. The face value of bonds must be repaid on the A) purchase anniversary B) declaration C) maturity D) annual interest. date
choose the right answer for the following questions.
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