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28/06/2023, 18:53 Quiz One (Based on Week 1 Lectures + Tutorial 1): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156545?module_item_id=3032695 1/5 Quiz One (Based on Week 1 Lectures + Tutorial 1) Due 12 Mar at 23:59 Points 10 Questions 10 Available 9 Mar at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions Attempt history Attempt Time Score LATEST Attempt 1 26 minutes 6 out of 10 Score for this attempt: 6 out of 10 Submitted 17 Mar at 10:46 This attempt took 26 minutes. The 10 Questions relate to the lecture in Week 1, and the tutorials in Week 2. The on-line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 2. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question it will not be possible for you to restart Take the quiz again 1 / 1 pts Question 1 If security markets are efficient, then: the net present value of all securities should be positive. there are no implications on the net present value of securities the net present value of all securities should be zero. Correct! Correct!

28/06/2023, 18:53 Quiz One (Based on Week 1 Lectures + Tutorial 1): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156545?module_item_id=3032695 2/5 the net present value of all securities should be negative. 1 / 1 pts Question 2 Which of the following transactions occurs in the primary market? Mr Grey buys Commonwealth Bank shares listed on the ASX. Mrs Thompson sells government bonds to a dealer. A managed fund sells some Optus shares it owns. The Federal government sells Treasury bonds to finance road infrastructure. Correct! Correct! 1 / 1 pts Question 3 Which of the following is an important international financial market for Australian firms? The eurocurrency market. The short-term US market. All of the above. Correct! Correct! The long-term Eurobond market. 1 / 1 pts Question 4 An economy with a large flow of funds requires:

28/06/2023, 18:53 Quiz One (Based on Week 1 Lectures + Tutorial 1): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156545?module_item_id=3032695 3/5 a lot of gold reserves. all of the above. an efficient financial system. Correct! Correct! a tightly controlled central bank. 0 / 1 pts Question 5 An organised security exchange: relies on dealers for trading. has no central location. ou Answered ou Answered is accessible by authorised traders only. orrect answer orrect answer is a primary market. 0 / 1 pts Question 6 An important function of the financial system is: to allow the federal government to view all financial transactions. to direct money to the best investment opportunities in the economy. orrect answer orrect answer all of the above. ou Answered ou Answered to help state governments to coordinate state tax levies.

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28/06/2023, 18:53 Quiz One (Based on Week 1 Lectures + Tutorial 1): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156545?module_item_id=3032695 4/5 1 / 1 pts Question 7 Which of the following is NOT a comparative advantage of financial intermediaries over surplus spending funds in providing funds to deficit spending units? Ability to reduce transaction costs. Ability to find confidential information. Ability to increase credit risk. Correct! Correct! Ability to achieve economies of scale. 0 / 1 pts Question 8 _____________ risk is the risk that a company will not generate sufficient cash inflows to meet required cash outflows. liquidity. orrect answer orrect answer credit. d. operational. d. political. ou Answered ou Answered 0 / 1 pts Question 9 A futures market is: a dealer market in which securities that are not sold on one of the organised exchanges are traded. ou Answered ou Answered

28/06/2023, 18:53 Quiz One (Based on Week 1 Lectures + Tutorial 1): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156545?module_item_id=3032695 5/5 a dealer market for contracts to buy (or sell) a particular type of security or commodity from (or to) the futures exchange during a predetermined future time period. an organised market in which people trade contracts for future delivery of securities, commodities or the value of securities sold in the spot market. orrect answer orrect answer an over-the-counter market in which people trade contracts for future delivery of securities, commodities or the value of securities sold in the spot market. 1 / 1 pts Question 10 Most financial intermediaries issue _______financial claims and purchase ________financial claims. indirect; direct. Correct! Correct! direct; direct. direct; indirect. indirect; indirect. Quiz score: 6 out of 10

28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 1/6 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3) Due 26 Mar at 23:59 Points 10 Questions 10 Available 24 Mar at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions Attempt history Attempt Time Score LATEST Attempt 1 27 minutes 9 out of 10 The 10 Questions relate to the lecture in Weeks 2 and 3, and the tutorials in Weeks 3 and 4. The on- line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 4. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question, it will not be possible for you to restart the test. In the event of technical problems interrupting your access to the test and preventing you from completing the test, its weighting will be added to your final examination. You are advised to use Google Chrome if possible when doing these tests, to reduce the possibility of a technical problem, and to avoid using Internet Explorer. You are also advised that any evidence of collusion while taking the test, or any form of academic dishonesty, is reportable and would be reported. This is an open-book test, which you are required to take as an individual, without any input from anyone except yourself. Correct answers will be published within the week after students have taken the test. Take the quiz again

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28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 2/6 Score for this attempt: 9 out of 10 Submitted 24 Mar at 17:20 This attempt took 27 minutes. 1 / 1 pts Question 1 Money market securities are: long-term securities. risk free assets. an alternative to bank borrowing for corporations' funding. Correct! Correct! not traded before maturity date. 1 / 1 pts Question 2 Which of the following are features of some preference shares? participating. all of the above. Correct! Correct! non-participating. cumulativeness. 1 / 1 pts Question 3 To be admitted into the single currency community, a prospective EU member must meet:

28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 3/6 strict fiscal and monetary qualifications. Correct! Correct! strict foreign exchange regulations. all of the above. the European Central Bank directives. 1 / 1 pts Question 4 _____________ is (are) the biggest net supplier of funds in the capital markets. state and local governments. individuals and households. Correct! Correct! financial institutions. federal government. 1 / 1 pts Question 5 ______________ are always obligations for the buyer. Call options. Put options. Futures contracts. Correct! Correct! All of the above.

28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 4/6 0 / 1 pts Question 6 When injecting reserves in the banking system through a repurchase agreement the Reserve Bank of Australia (RBA): buys and keeps specific types of securities in its portfolio for unspecified horizon. buys and sells securities in the market on behalf of ESA holders. buys specific types of securities from the ESA holders on the basis that the RBA will resell them back to them later. orrect answer orrect answer sells specific types of securities to the ESA holders on the basis that the RBA will repurchase them back later. ou Answered ou Answered 1 / 1 pts Question 7 Non-cash paper payment instruments include: bank checks. Correct! Correct! debit cards. credit cards. notes and coins. 1 / 1 pts Question 8

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28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 5/6 The Australian Stock Exchange (ASX) settlement system for Australian equity trades is referred to as the Australian Securities and Investments Commission (ASIC). True False Correct! Correct! 1 / 1 pts Question 9 Which of the following statements is NOT correct? An exchange settlement account (ESA) is: an account whose balance represents bank reserves. the account used by the Commonwealth government for its spending and its income. Correct! Correct! used to transfer funds to and from in order to settle transactions in the payments system. an account held by deposit-taking institutions at the Reserve Bank of Australia (RBA). 1 / 1 pts Question 10 Which of the following is NOT correct? The 9 am batch settlement is a: gross system. Correct! Correct!

28/06/2023, 18:54 Quiz Two (Based on Week 2/3 Lectures + Tutorials 2/3): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156548?module_item_id=3032711 6/6 multilateral system. differed system. netted system. Quiz score: 9 out of 10

28/06/2023, 18:54 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156544?module_item_id=3032733 1/6 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5) Due 9 Apr at 23:59 Points 10 Questions 10 Available 31 Mar at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions Attempt history Attempt Time Score LATEST Attempt 1 20 minutes 7 out of 10 The 10 Questions relate to the lecture pods in Weeks 4 and 5, and the tutorials in Weeks 5 and 6. The on-line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 6. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question, it will not be possible for you to restart the test. In the event of technical problems interrupting your access to the test and preventing you from completing the test, its weighting will be added to your final examination. You are advised to use Google Chrome if possible when doing these tests, to reduce the possibility of a technical problem, and to avoid using Internet Explorer. You are also advised that any evidence of collusion while taking the test, or any form of academic dishonesty, is reportable and would be reported. This is an open-book test, which you are required to take as an individual, without any input from anyone except yourself. Correct answers will be published within the week after students have taken the test. Take the quiz again

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28/06/2023, 18:54 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156544?module_item_id=3032733 2/6 Score for this attempt: 7 out of 10 Submitted 9 Apr at 16:19 This attempt took 20 minutes. 1 / 1 pts Question 1 Which of the following is part of M1? Bank term deposits held by the private nonbank sector. Loans made by banks to the private nonbank sector. Bank current accounts held by the private nonbank sector. Correct! Correct! Bank saving deposits held by the private nonbank sector. 1 / 1 pts Question 2 In order to reach its cash rate target, the Reserve Bank of Australia (RBA): assists the government in its issuance of securities. influences the demand for ESF. imposes the interest rate on interbank overnight loans. influences the supply of ESF. Correct! Correct! 1 / 1 pts Question 3 The cash rate is the interest rate:

28/06/2023, 18:54 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156544?module_item_id=3032733 3/6 on the balances of the ESAs. on overnight interbank loans. Correct! Correct! on deposits at commercial banks. on the Reserve Bank of Australia (RBA) overnight provisions of ESF to commercial banks. 0 / 1 pts Question 4 Which of the following statements is NOT correct? The cash rate: is used as a reference rate by banks for the determination of other interest rates. is the interest rate on overnight interbank loans. is determined by a decree of the Reserve Bank of Australia (RBA). orrect answer orrect answer is the result of the demand and supply of ESF. ou Answered ou Answered 1 / 1 pts Question 5 If the actual rate of inflation is less than the rate expected during a period, both borrowers and lenders benefited. neither borrowers nor lenders benefited. borrowers benefited at the expense of lenders.

28/06/2023, 18:54 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156544?module_item_id=3032733 4/6 lenders benefited at the expense of borrowers. Correct! Correct! 1 / 1 pts Question 6 Treasury notes are considered as free of default risk because they are guaranteed by the Commonwealth government. True Correct! Correct! False 0 / 1 pts Question 7 A reverse repurchase agreement calls for: a firm to buy securities with the agreement to sell them back after a short period at a higher price. orrect answer orrect answer a firm to sell securities with the agreement to buy them back after a short period at a higher price. ou Answered ou Answered a firm to sell securities with the agreement to buy them back after a short period at a lower price. a firm to buy securities with the agreement to sell them back after a short period at a lower price.

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28/06/2023, 18:54 Quiz Three (Based on Week 4/5 Lectures + Tutorials 4/5): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156544?module_item_id=3032733 5/6 0 / 1 pts Question 8 The yield on a 91-day Treasury note is 5.35%. What is the price of the $1000 T-note? $823.32 $986.66 ou Answered ou Answered $986.84 orrect answer orrect answer $825.32 1 / 1 pts Question 9 Which of the following money market instruments would typically be used by low credit rated commercial companies to raise funds? Bank-accepted bills Correct! Correct! Commercial paper Negotiable CDs Treasury notes 1 / 1 pts Question 10 Cash-market transactions are made up of secured interbank borrowing and lending. unsecured interbank borrowing and lending. Correct! Correct!

28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 1/6 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7) Due 9 May at 23:59 Points 10 Questions 10 Available 28 Apr at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions The 10 Questions relate to the lecture pods in Weeks 6 and 7, and the tutorials in Weeks 7 and 8. The on-line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 8, at your convenience, between Friday September 17th and Sunday September 19th. Please do not leave it until late on September 19th. I advise you to start the test by 5pm on that day, although technically it will be available to start until 11.29pm. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question, it will not be possible for you to restart the test. In the event of technical problems interrupting your access to the test and preventing you from completing the test, its weighting will be added to your final examination. You are advised to use Google Chrome if possible when doing these tests, to reduce the possibility of a technical problem, and to avoid using Internet Explorer. You are also advised that any evidence of collusion while taking the test, or any form of academic dishonesty, is reportable and would be reported. This is an open-book test, which you are required to take as an individual, without any input from anyone except yourself. Correct answers will be published within the week after students have taken the test. Take the quiz again

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28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 2/6 Attempt history Attempt Time Score LATEST Attempt 1 18 minutes 9 out of 10 Score for this attempt: 9 out of 10 Submitted 9 May at 20:56 This attempt took 18 minutes. 1 / 1 pts Question 1 Bill wants to buy five-year zero coupon bonds with a face value of $1,000. His opportunity cost is 8.5 percent. Assuming annual compounding, what would be the current market price of these bonds? (Round to the nearest dollar.) $1,113. $1,023. $890. $665. Correct! Correct! 0 / 1 pts Question 2 A five-year bond is currently selling for $930.11. It has a face value of $1,000 and a market yield of 8 percent. Coupons are paid semi- annually. The coupon rate is closest to: 7.48%. 4.12%. 6.28%. orrect answer orrect answer

28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 3/6 6.25%. ou Answered ou Answered 1 / 1 pts Question 3 Bonds sell at a discount off the par value when market rates for similar bonds are: less than the bond's coupon rate. greater than the bond's coupon rate. Correct! Correct! equal to the bond's coupon rate. market rates are irrelevant in determining a bond's price. 1 / 1 pts Question 4 Stanley Richards is interested in buying a five-year bond that pays a coupon of 10 percent on a semiannual basis and has a face value of $1,000. The current market rate for similar bonds is 9.8 percent. At what price should the bond be trading? (Round to the nearest dollar.) $965. $1,099. $982. $1,048. Correct! Correct! 1 / 1 pts Question 5

28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 4/6 Suppose an investor earned a semi-annual yield of 6.4 percent on a bond paying coupons twice a year. What is the effective annual yield (EAY) on this investment? 6.4%. 13.0%. 12.8%. 13.2%. Correct! Correct! 1 / 1 pts Question 6 The term shareholder equity implies: a contractual relationship with a corporation. a prior claim on income and assets. an ownership claim. Correct! Correct! a right to dividends. 1 / 1 pts Question 7 Cloud Storage Ltd is a fast-growing technology company. The company projects a rapid growth of 40 percent for the next two years and then a growth rate of 20 percent for the following two years. After that, the company expects a constant-growth rate of 8 percent. The company expects to pay its first dividend of $1.25 a year from now. If your required rate of return on such shares is 20 percent, what is the current price of the share? $30.30.

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28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 5/6 $22.68. $4.70. $15.63. Correct! Correct! 1 / 1 pts Question 8 In brokered markets: the commission charged by brokers is a lower cost to buyers and sellers than the cost of direct search. brokers build a pool of price information through their extensive contacts. all of the above are true of broker markets. Correct! Correct! buyers and sellers are brought together for a transaction fee. 1 / 1 pts Question 9 Which one of the following statements is true about secondary markets? Brokers bring buyers and sellers together to earn a fee. Correct! Correct! A specialist is a specific location on the floor of a securities exchange at which auctions for a particular security take place. The presence of active brokers increases market inefficiency.

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28/06/2023, 18:54 Quiz Four (Based on Week 6/7 Lectures + Tutorials 6/7): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156543?module_item_id=3032758 6/6 The ordinary shares of large companies often rely on word-of- mouth to find interested buyers. 1 / 1 pts Question 10 Which one of the following statements is not true about zero-growth shares? Dividend payments are zero. Correct! Correct! There is no growth in dividends over time. The cash flow pattern resembles a perpetuity with a constant cash flow. Dividend stays constant over time. Quiz score: 9 out of 10

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 1/6 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9) Due 21 May at 23:59 Points 10 Questions 10 Available 12 May at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions Attempt history The 10 Questions relate to the lecture pods in Weeks 8 and 9, and the tutorials in Weeks 9 and 10. The on-line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 10, at your convenience, between Friday October 15th and Sunday October 17th. Please do not leave it until late on October 17th. I advise you to start the test by 5pm on that day, although technically it will be available to start until 11.29pm. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question, it will not be possible for you to restart the test. In the event of technical problems interrupting your access to the test and preventing you from completing the test, its weighting will be added to your final examination. You are advised to use Google Chrome if possible when doing these tests, to reduce the possibility of a technical problem, and to avoid using Internet Explorer. You are also advised that any evidence of collusion while taking the test, or any form of academic dishonesty, is reportable and would be reported. This is an open-book test, which you are required to take as an individual, without any input from anyone except yourself. Correct answers will be published within the week after students have taken the test. Take the quiz again

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 2/6 * Some questions not yet graded Attempt Time Score LATEST Attempt 1 15 minutes 8 out of 10 * Score for this attempt: 8 out of 10 * Submitted 21 May at 20:30 This attempt took 15 minutes. 1 / 1 pts Question 1 A forward contract is: an exchange of assets or income streams for equivalent assets or income streams with slightly different characteristics. a contract that guarantees delivery of a certain amount of goods, such as foreign currency, for exchange into a specific amount of another currency, such as dollars, on a specific day in the future. Correct! Correct! a contract to buy (or sell) a particular type of security or commodity from (or to) the futures exchange during a predetermined future time. short financial contact to hedge market risk. 1 / 1 pts Question 2 Derivatives can increase liquidity in any given market by increasing turnover and trading depth. True Correct! Correct! False

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 3/6 1 / 1 pts Question 3 Speculators can be described as individuals or firms that engage in financial-market transactions to reduce price risk. True False Correct! Correct! 1 / 1 pts Question 4 The buyer of a forward contract is said to have a short position and is obligated to pay the forward price for the asset. True False Correct! Correct! 1 / 1 pts Question 5 Some futures exchanges impose position limits on speculators. These are: maximum numbers of contracts that speculators may hold for any individual type of commodity or asset. Correct! Correct! unlimited numbers of contracts that speculators may hold for any individual type of commodity or asset.

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 4/6 minimum numbers of contracts that speculators may hold for any individual type of commodity or asset. constraints which speculators face when buying futures contracts. 1 / 1 pts Question 6 Currency risk is largely caused by country risk. True False Correct! Correct! Not yet graded / 1 pts Question 7 Your answer: What are some of the issues related to international trading? - Currency fluctuations - Political instability - Tariffs and quotas - Non-tariff barriers - Environmental regulations 0 / 1 pts Question 8 If an Australian exporter agrees to receive payment in 60 days in pounds, the British importer has assumed the exchange risk in the

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 5/6 transaction. True ou Answered ou Answered False orrect answer orrect answer 1 / 1 pts Question 9 If it is properly prepared, a bill of lading is also a: letter of credit. letter of credit and a document of title. sight draft. document of title. Correct! Correct! 1 / 1 pts Question 10 A base currency is: the first-named currency in the foreign exchange quote where one unit expressed in terms of another currency being traded. Correct! Correct! none of the above. the rate at which one nation's currency can be exchanged for another's at the present time.

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28/06/2023, 18:55 Quiz Five (Based on Week 8/9 Lectures + Tutorials 8/9): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156549?module_item_id=3032782 6/6 the second-named currency in the foreign exchange quote used to express the value or price of the base currency. Quiz score: 8 out of 10

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28/06/2023, 18:55 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156546?module_item_id=3032790 1/5 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11) Due 4 Jun at 23:59 Points 10 Questions 10 Available 1 Jun at 0:00 - 29 Jun at 23:59 Time limit 30 Minutes Allowed attempts Unlimited Instructions Attempt history Attempt Time Score LATEST Attempt 1 22 minutes 9 out of 10 * The 10 Questions relate to the lecture pods in Weeks 10 and 11 and the tutorials in Weeks 11 and 12. The on-line multiple-choice test is to be completed in one 30 minute sitting, at the end of Week 12. The questions will appear one at a time, and once you have submitted an answer, it is locked in and cannot be changed. You cannot go back to questions you have already answered. Once you have completed more than one question, it will not be possible for you to restart the test. In the event of technical problems interrupting your access to the test and preventing you from completing the test, its weighting will be added to your final examination. You are advised to use Google Chrome if possible when doing these tests, to reduce the possibility of a technical problem, and to avoid using Internet Explorer. You are also advised that any evidence of collusion while taking the test, or any form of academic dishonesty, is reportable and would be reported. This is an open-book test, which you are required to take as an individual, without any input from anyone except yourself. Correct answers will be published within the week after students have taken the test. Take the quiz again

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28/06/2023, 18:55 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156546?module_item_id=3032790 2/5 * Some questions not yet graded Score for this attempt: 9 out of 10 * Submitted 4 Jun at 15:38 This attempt took 22 minutes. 1 / 1 pts Question 1 Basel III Pillar 2 creates the expectation of additional capital above Pillar 1 to account for bank-specific issues. True Correct! Correct! False 1 / 1 pts Question 2 When regulated financial institutions try to avoid regulation this is known as regulatory struggle. True Correct! Correct! False 1 / 1 pts Question 3 The Reserve Bank of Australia is responsible for: overall systemic stability and liquidity of the financial system.

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28/06/2023, 18:55 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156546?module_item_id=3032790 3/5 overall systemic stability, the payments system and the conduct of monetary policy. Correct! Correct! overall safety and soundness of the financial system. overall safety and soundness of the system and the conduct of monetary policy. 1 / 1 pts Question 4 An operational risk management plan under Basel III essentially aims to: a and b. Correct! Correct! enable a bank to recover its functionality within pre-determined timeframes such that the operational and financial impacts are minimised. design and maintain strategies for bank capital adequacy. design and maintain strategies for business continuity in the event of a disruption to the business. 1 / 1 pts Question 5 The Financial Sector (Collection of Data) Act 2001 requires financial institutions to provide information to the regulatory bodies. True Correct! Correct!

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28/06/2023, 18:55 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156546?module_item_id=3032790 4/5 False 1 / 1 pts Question 6 The liquidity gained through liability management is useful to a bank because: it allows banks to engage in more off-balance-sheet activities. it can be used to meet increases in loan demand by the bank's customers. it can be used to counteract deposit outflows. all of the above. Correct! Correct! 1 / 1 pts Question 7 A maturity gap measures the assets minus the liabilities that mature or reprice over a certain horizon period. True Correct! Correct! False 1 / 1 pts Question 8 In order to decrease the credit risk of a portfolio of loans, banks need to make loans with default rates that are less than perfectly correlated. True Correct! Correct!

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28/06/2023, 18:55 Quiz Six (Based on Week 10/11 Lectures + Tutorials 10/11): Int Financial Institutions and Markets I sem1 2023 https://myuni.adelaide.edu.au/courses/86853/quizzes/156546?module_item_id=3032790 5/5 False 1 / 1 pts Question 9 The Australian banking sector is dominated by: one bank. three banks two banks. four banks. Correct! Correct! Not yet graded / 1 pts Question 10 Your answer: Discuss some of the key features of negotiable CDs? NCDs (negotiable certificates of deposit) are used as a form of Liability Management. The key features of NCDs are: - They allow banks to offset sudden deposit outflows - Can be used to raise funds and increase loan demand - They do not appear on a bank's balance sheet which allows and can allow banks to engage in off-balance-sheet activities Quiz score: 9 out of 10

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