Which type of financial intermediary is more highly exposed to liquidity risk?
A. Property-casualty insurance companies.
B. Life insurance companies.
C. Mutual funds.
D. Depository institutions.
E. Pension funds.
Ans: D. Depository institutions.
Business
You might also like to view...
Operating activities are most closely related to:
A. Long term assets B. Current assets and current liabilities C. Long-term liabilities and stockholder's equity D. Dividends and treasury stock
Business
An analysis of social media content can shed light on the level of measurement that is appropriate in a given project
Indicate whether the statement is true or false
Business