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NYSE, Nikkei, DAX are examples of a) ETF b) Mutual funds c) OTC d) Exchanges Loans made to borrowers who do not qualify for loans

NYSE, Nikkei, DAX are examples of a) ETF b) Mutual funds c) OTC d) Exchanges

Loans made to borrowers who do not qualify for loans at theusual market rate of interest because of a poor credit rating or because the loan is larger than justified by their income a) Prime b) Subprime c) Discount d) Amortizing .

When the value of the dollar changes from 0.60 to 0.65, the pound has ________ and the dollar has ________. depreciated; appreciated

When the exchange rate changes from 1.1 euros to the dollar to 0.9 euros to the dollar, the euro has ________ and the dollar has ________. appreciated; depreciated If the dollar appreciates from 0.8 euros per dollar to 1.2 euros per dollar, the euro depreciates from ________ dollars to ________ dollars per euro. 1.25; 0.83

Most money market securities (e.g. T-bills) do not pay interest. Instead, the investor pays less for the security than it will be worth when it matures. This means that your return will always be zero (True / False)

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