Trust preferred stock: a. does not pay any dividends b. has priority over all other claims. c. is issued through a preferred bank subsidiary. d. effectively allows banks to pay dividends that are tax deductible. e. All of the above.

Sweep accounts: a. allow banks to shift funds from transaction accounts to MMDA accounts. b. changes customer account balances. c. reduces a banks statutory required reserves. d. All of the above. e. a. and c. only.

Federal funds are: a. secured bank loans from the discount window. b. unsecured short-term loans that are settled in immediately available funds. c. secured inter-bank loans of reserves. d. secured core deposits. e. secured overnight loans.