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FIN 366 Week One Textbook Questions (1).docx - Greg Dela...

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Greg Dela RosaFIN 366 Week One Textbook QuestionsText: Jeff Madura (2021). Financial Markets and Institutions (13thedition), NelsonEducation Ltd.Note: You may provide your answers below or submit on a separate word document. Pleasebe sure to include your name on the submission.Chapter 1 Question 16Comparing Financial InstitutionsClassify the types of financial institutions mentioned in thischapter as either depository or nondepository. Explain the general difference between depositoryand nondepository institutions as sources of funds. It is often said that all types of financialinstitutions have begun to offer services that were previously offered only by certain types.Consequently, the operations of many financial institutions are becoming more similar.Nevertheless, performance levels still differ significantly among types of financial institutions.Why?Answer:The textbook mentions depository institutions, finance companies, mutual funds, insurancecompanies, and pension funds. Finance companies, mutual funds, insurance companies, and

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Term
Spring
Professor
Rainwater

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