Large time deposits are generally referred to as a mini CDs b jumbo CDs c big

Large time deposits are generally referred to as a

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11. Large time deposits are generally referred to as: a.mini CDs.b.jumbo CDs.c.big CDs.d.giant CDs.e.super CDs.Answer: b 12. The leastexpensive source of funds for a typical bank is: 13. Overdraft fees: 14.On-us checks cashedare:
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15.Transit checks depositedare: a.checks drawn on any bank other than the bank into which it was deposited.b.the accounting transaction for selling fed funds.c.discount window loans.d.illegal.e.checks drawn on a bank's own customer's account.Answer: a 16. With "relationship pricing": 17. Interest costs do notequal the effective cost of bank liabilities because: 18. Large depositors 19. High interest rates in the late 1990’s on large CDs lead to the introduction of: a.zero coupon CDs.b.variable rate CDs.c.callable CDs.d.stock market indexed CDs. e. immediately available funds CDs Answer: c
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20. CDs sold at a steep discount from par and appreciate to face value at maturity areknown as: 21. Banks prefer money market deposit accounts to demand deposits for all of the following reasons except: Use the following information for questions 22 and 23.
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