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All of the following are depository institutions

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5. All of the following are depository institutions, except: a. Commercial banks b. Credit unions c. Insurance companies d. Savings banks 6. Mary deposits funds into a CD at her bank. The CD has an annual interest of 4.0%. If Mary leaves the funds in the CD for two years she will have $540.80. What amount is Mary depositing? 7. At any fixed interest rate, an increase in time, n, until a payment is made: 8. The coupon rate for a coupon bond is equal to: 9. The price of a coupon bond will increase as: a. The face value decreases b. Interest rate increases c. The coupon payments decrease d. The term to maturity is shorter 10. As inflation increases, for any fixed nominal interest rate, the real interest rate:
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