FI363 Final Examination Student Study Guide
Final Examination 1.05
This is a two-hour, closed book and closed notes test. Therefore, it cannot be a take-home test.
Students are not allowed to use a computer during the test. Students are not allowed to bri
Chapter 1 Why Study Financial Markets and Institutions? 1.1 Multiple Choice Questions
1) Financial markets and institutions A) involve the movement of huge quantities of money. B) affect the profits of businesses. C) affect the types of goods and services
Answers to End-of-Chapter Questions
1. The rank from most to least liquid is (c), (b), (a), (d).
3. No. When you turn a customer down, you may lose that customers business forever, which is
extremely costly. Instead, you might go out and borrow from other