Test set #1
Financial Markets and Institutions (BUS322)
Chapter 1: Why Study Financial Markets and Institutions?
1) Interest rates are important to financial institutions since an interest rate increase _ the
cost of acquiring funds and _
Strategic Management & Business Policy, 13e (Wheelen/Hunger)
Chapter 2 Corporate Governance
1) The board of directors has an obligation to approve all decisions that might affect the long-run
performance of the corporation.
2) The term corpor