Proposed Basel III: A. Introduces higher required capital ratios B. Introduces new liquidity requirements C. The first attempt to require banks to use Value-at-Risk models in calculation of market risk exposure D. All of the above E. A and B only Which of the following is a characteristic of Treasury bills? A. They are coupon instruments B. They have more risk than other money market securities C. They are discount securities D. They are the short term debt instruments issued by major corporations A put option would most likely be used to: A. Offset a negative interest-sensitive gap B. Offset a positive interest-sensitive gap C. Offset a negative duration gap D. Protect the value of cash on the balance sheet