Home / ABA / CTFA

Question list

List of questions

Question 1

(0)

___________ is a type of insurance that protects funds on deposit against failure of the institution; can be insured by the FDIC and the NCUA.

Question 2

(0)

A checking account on which the financial institution pays interest; it have no legal minimum balance is called:

Question 3

(0)

A company can ensure the complete success of a rights offering by making use of a:

Question 4

(0)

The market price of K-T-Lew Corporation's common stock is $60 per share, and each share gives its owner one subscription right. Four rights are required to purchase an additional share of common sto

Question 5

(0)

Financial intermediaries :

Question 6

(0)

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments includ

Question 7

(0)

You can use to roughly estimate how many years a given sum of money must earn at a given compound annual interest rate in order to double that initial amount.

Question 8

(0)

Loan disclosure statement is:

Question 9

(0)

In a typical loan amortization schedule, the dollar amount of interest paid each period.

Question 10

(0)

When n = 1, this interest factor equals one for any positive rate of interest.

Question 4 - CTFA discussion

The market price of K-T-Lew Corporation's common stock is $60 per share, and each share gives its owner one subscription right. Four rights are required to purchase an additional share of common stock at the subscription price of $54 per share. If the common stock is currently selling 'rights-on,' the theoretical value of a right is closest to: