Quiz 6 - Yourquizhasbeensubmittedsuccessfully. Question1

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Your quiz has been submitted successfully. Question 1 10 / 10 points Money market instruments  a) mature in one year or  less.  b) are usually sold in  large denominations.  c) have low default risk. d) are characterized by  all of the above.  e) are characterized by  only (a) and (b) of the  above. Question 2 10 / 10 points In situations where asymmetric information problems are not severe,  a) the money markets cannot  allocate short-term funds as  efficiently as banks can.  b) the money markets have a  distinct cost advantage over  banks in providing short-term  funds.  c) the money markets have a  distinct cost advantage over  banks in providing long-term  funds. d) banks have a distinct cost  advantage over the money  markets in providing short- term funds.  Question 3 10 / 10 points Which of the following statements about the money markets are true? a)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/12/2010 for the course CAS 3403 taught by Professor Girlinghouse during the Spring '10 term at The University of Oklahoma.

Page1 / 4

Quiz 6 - Yourquizhasbeensubmittedsuccessfully. Question1

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online