1. Which risk is the most important risk faced by Financial Institutions?

Liquidity

Credit

Technology

Operational

Exchange rate

2. The emphasis of The Securities Act of 1933 is the secondary markets

True

False

3. Which derivative spreads the subprime loans risk to other investors?

Swaps

Forward Contracts

Stock options

Mortgage Backed Securities

4. Which of the followings is a financial contractual institutions

Commercial Banks

Insurance Companies

securities firms

mutual funds

Savings Banks

5. Deregulation across the globe is allowing even greater access to foreign markets causing an increase in globalization.

True

False

6. The largest depository institutions in United States are

Commercial Banks

Credit Unions

Savings Banks

Mutual Funds and Commercial Banks

Pension Funds and Saving Banks

7. In 2019 a US investor purchases Canadian dollars at an exchange rate of $1 = 1.30 Canadian dollars. In 2020 the exchange rate is $1 = 1.27 Canadian dollars. If his inversion was $10,000. How much did he win?

Round your answer to zero decimal places

Don't use comma separators