1 Which of the following is least lkely to be a finucial intermediary? A Finance companier 8,Mutual funds C. Pension funds D. Investment banks E. Savings banks 2 Which of the following do not have corporate stock ownership? A. Commercial banks B. Savings and loan associations C. Savings banks D. Credit union All of the above 3. A financial institution that raises furnds by issuing shares to the public and invests the proceeds in a divensified portfollo for a management fee is A. Banks B. Pension FundyMutual Funds D. Financecompanies E. None of the above -4. One of the following types of financial instruents derive their value from other instruments (underlying assets) A Cash instruments O Derivative instruments D. Debt instruments B. Equity instruments
1 Which of the following is least lkely to be a finucial intermediary? A Finance companier 8,Mutual funds C. Pension funds D. Investment banks E. Savings banks 2 Which of the following do not have corporate stock ownership? A. Commercial banks B. Savings and loan associations C. Savings banks D. Credit union All of the above 3. A financial institution that raises furnds by issuing shares to the public and invests the proceeds in a divensified portfollo for a management fee is A. Banks B. Pension FundyMutual Funds D. Financecompanies E. None of the above -4. One of the following types of financial instruents derive their value from other instruments (underlying assets) A Cash instruments O Derivative instruments D. Debt instruments B. Equity instruments
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:1 Which of the following is least lkely to be a finucial intermediary?
A Finance companier 8,Mutual funds C. Pension funds D. Investment banks E. Savings banks
2 Which of the following do not have corporate stock ownership?
A. Commercial banks B. Savings and loan associations C. Savings banks
D. Credit union All of the above
3. A financial institution that raises furnds by issuing shares to the public and invests the proceeds in a
divensified portfollo for a management fee is
A. Banks B. Pension FundyMutual Funds D. Financecompanies E. None of the above
-4. One of the following types of financial instruents derive their value from other instruments
(underlying assets)
A Cash instruments
O Derivative instruments
D. Debt instruments
B. Equity instruments
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