Question 1

Which of the following would not be a telephone service that customers can get from a bank call center?

Accepted Answer

A) The current balance in their account 
B) A fax copy of a loan application to the bank 
C) List of what transactions have passed through the account 
D) Access to their safety deposit box 
E) All the options are telephone services customers can get from a bank call center 
A) The current balance in their account 
B) A fax copy of a loan application to the bank 
C) List of what transactions have passed through the account 
D) Access to their safety deposit box 
E) All the options are telephone services customers can get from a bank call center

Question 2

A(n)______________________ terminal in a retail store allows a customer to pay for goods and services by instantly debiting his or her checking account.

Accepted Answer

The answer of A(n)______________________ terminal in a retail store allows...

Question 3

To close a bank branch office in the United States,a bank must give its customers 30 days advance notice.

Accepted Answer

A) True 
 B)False

Question 4

The first ATM machine could only handle cash withdrawals.

Accepted Answer

A) True 
 B)False

Question 5

State banking commissions,on average,impose tougher standards for chartering new banks than the federal chartering agency,the Comptroller of the Currency.

Accepted Answer

A) True 
 B)False

Question 6

Most new U.S.banks are chartered in:

Accepted Answer

A) small communities where there is very little existing competition. 
B) relatively large urban areas where organizers can earn higher expected rates of return on their investment. 
C) rural areas where they will be more convenient for customers. 
D) All of the options are correct 
E) small communities where there is very little existing competition and provides more convenience for the customers. 
A) small communities where there is very little existing competition. 
B) relatively large urban areas where organizers can earn higher expected rates of return on their investment. 
C) rural areas where they will be more convenient for customers. 
D) All of the options are correct 
E) small communities where there is very little existing competition and provides more convenience for the customers.

Question 7

The most desirable sites for full-service branch bank offices usually have which of the following characteristics?

Accepted Answer

A) Heavy traffic volume 
B) Large numbers of retail shops and stores 
C) Above-average age populations 
D) All of the options are correct 
E) None of the options are correct 
A) Heavy traffic volume 
B) Large numbers of retail shops and stores 
C) Above-average age populations 
D) All of the options are correct 
E) None of the options are correct

Question 8

The Chahad Bank wants to open a new branch in a distant city with very different economic conditions.Currently,the bank has an expected return of 15% with a standard deviation of 7%.The new branch is expected to have a return of 20% with a standard deviation of 10%.The correlation between the bank's returns and the returns from the new branch is -0.3.The new branch is expected to contribute 10% of the bank's revenues.What is the expected return for the bank if they add the new branch?

Accepted Answer

A) 35% 
B) 19.5% 
C) 17.5% 
D) 15.5% 
E) -15.9% 
A) 35% 
B) 19.5% 
C) 17.5% 
D) 15.5% 
E) -15.9%

Question 9

Chester National Bank is considering adding a new branch bank.It knows that it will cost $2.5 million to build the branch and it believes that it will generate $214,526 per year for the next 25 years.Chester National Bank requires a return of 10% on all new projects it undertakes.What is this project's net present value? (Round to the nearest $100)

Accepted Answer

A) -$552,700 
B) -$3,052,700 
C) $1,947,300 
D) $2,863,200 
E) $5,363,200 
A) -$552,700 
B) -$3,052,700 
C) $1,947,300 
D) $2,863,200 
E) $5,363,200

Which of the following would not be a telephone service that customers can get from a bank call center?

A(n)______________________ terminal in a retail store allows a customer to pay for goods and services by instantly debiting his or her checking account.

To close a bank branch office in the United States,a bank must give its customers 30 days advance notice.

The first ATM machine could only handle cash withdrawals.

State banking commissions,on average,impose tougher standards for chartering new banks than the federal chartering agency,the Comptroller of the Currency.

Most new U.S.banks are chartered in:

The most desirable sites for full-service branch bank offices usually have which of the following characteristics?

An Overview of the Changing Financial-Services Sector

The Impact of Government Policy and Regulation on the Financial-Services Industry

The Organization and Structure of Banking and the Financial-Services Industry

The Financial Statements of Banks and Their Principal Competitors

Measuring and Evaluating the Performance of Banks and Their Principal Competitors

Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques

Investment Banking,Insurance,and Other Sources of Fee Income

Risk Management: Asset-Backed Securities, Loan Sales, Credit Standbys, and Credit Derivatives

The Investment Function in Financial-Services Management

Liquidity and Reserves Management: Strategies and Policies

Managing and Pricing Deposit Services

Managing Nondeposit Liabilities

Investment Banking, insurance, and Other Sources of Fee Income

The Management of Capital

Lending Policies and Procedures: Managing Credit Risk

Lending to Business Firms and Pricing Business Loans

Consumer Loans, Credit Cards, and Real Estate Lending

Acquisitions and Mergers in Financial-Services Management

International Banking and the Future of Banking and Financial Services

Filters

Exam 4: Establishing New Banks, Branches, ATMs, Telephone Services, and Websites

Which of the following would not be a telephone service that customers can get from a bank call center?

A(n)______________________ terminal in a retail store allows a customer to pay for goods and services by instantly debiting his or her checking account.

To close a bank branch office in the United States,a bank must give its customers 30 days advance notice.

The first ATM machine could only handle cash withdrawals.

State banking commissions,on average,impose tougher standards for chartering new banks than the federal chartering agency,the Comptroller of the Currency.

Most new U.S.banks are chartered in:

The most desirable sites for full-service branch bank offices usually have which of the following characteristics?

An Overview of the Changing Financial-Services Sector

The Impact of Government Policy and Regulation on the Financial-Services Industry

The Organization and Structure of Banking and the Financial-Services Industry

The Financial Statements of Banks and Their Principal Competitors

Measuring and Evaluating the Performance of Banks and Their Principal Competitors

Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques

Investment Banking,Insurance,and Other Sources of Fee Income

Risk Management: Asset-Backed Securities, Loan Sales, Credit Standbys, and Credit Derivatives

The Investment Function in Financial-Services Management

Liquidity and Reserves Management: Strategies and Policies

Managing and Pricing Deposit Services

Managing Nondeposit Liabilities

Investment Banking, insurance, and Other Sources of Fee Income

The Management of Capital

Lending Policies and Procedures: Managing Credit Risk

Lending to Business Firms and Pricing Business Loans

Consumer Loans, Credit Cards, and Real Estate Lending

Acquisitions and Mergers in Financial-Services Management

International Banking and the Future of Banking and Financial Services

Filters