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| Teaching Since: | Apr 2017 |
| Last Sign in: | 419 Weeks Ago |
| Questions Answered: | 3232 |
| Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
1. Why are secured loans an important method of lending for financial institutions?
2. If more customers want to borrow funds at the prevailing interest rate, a financial institution can increase its profits by raising interest rates on its loans. Is this statement true, false, or uncertain? Explain your answer.
3. Why is being nosy a desirable trait for a banker?
4. A bank almost always insists that the firms it lends to keep compensating balances at the bank. Why?
5. Because diversification is a desirable strategy for avoiding risk, it never makes sense for a financial institution to specialize in making specific types of loans. Is this statement true, false, or uncertain? Explain your answer
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