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Question 9 A speculator may write a put option on stock with an exercise price of $15 and earn a $3 premium only if he thought O the stock price would rise above $18 or fall below $12. the stock price would stay below $12. the stock price would fall below $18. O the stock price would stay above $15. Question 12 consist of noninterest-bearing demand deposits and interest-bearing checking accounts. Negotiable CDs. Transaction accounts. Non-transaction accounts. Savings and time deposits. In comparison to small banks, larger banks typically have O more equity capital. All of these choices are correct. O fewer core deposits. O larger net interest margins. Question 19 All but one of the following represent a similarity between T-Bills and T-Bonds: Both are coupon issues. Both are issued by U.S. Treasury. Both are free of default risk. Both are backed by the full faith and credit of the U.S. government