Through the Federal Deposit Insurance Corporation, a deposit in a member bank is currently insured up to $50,000
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: They are actually insured up to $250,000.
Business
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Which of the following $1,000 face value securities has the highest yield to maturity?
A) A 5 percent coupon bond selling for $1,000 B) A 10 percent coupon bond selling for $1,000 C) A 12 percent coupon bond selling for $1,000 D) A 12 percent coupon bond selling for $1,100
Business
Each Fed bank president attends FOMC meetings; although only ________ Fed bank presidents vote on policy, all ________ provide input
A) three; ten B) five; ten C) three; twelve D) five; twelve
Business