1) The difference between an insured versus a noninsured pension plan is

A) the insured plan is a government pension fund; the noninsured is in the private sector.

B) the insured plan is insured under the Pension Benefit Guaranty Corporation, while the noninsured is not.

C) the employer of the insured guarantees payments, but not so in the case of the uninsured.

D) the insured plan obligations are issued by a life insurance company while the noninsured are managed by another type of trustee

2) A bank with a positive maturity GAP would be___ if interest rates decreased____ financial futures would hedge the bank.

A) benefted, selling

B) hurt, purchasing

C) hurt, selling

D) benefted, purchasing