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NEW QUESTION: 1
On a daily basis, the cash manager is responsible for all of the following EXCEPT:
A. reviewing bank service fees.
B. initiating funds transfers.
C. executing investment and/or borrowing decisions.
D. determining the cash position.
Answer: A
NEW QUESTION: 2
An entity obtained a short-term bank loan of US $250,000 at an annual interest rate of 6%. As a condition of the loan, the entity is required to maintain a compensating balance of US $50,000 in its checking account. The entity's checking account earns interest at an annual rate of 2 %. Ordinarily, the entity maintains a balance of US $25,000 in its checking
account for transaction purposes. What is the effective interest rate of the loan?
A. 5.80% D 6.66%
B. 7.00%
C. 6.44%
Answer: C
Explanation:
The US $50,000 compensating balance requirement is partially satisfied by the entity's practice of maintaining a US $25,000 balance for transaction purposes. Thus, only US $25,000 of the loan will not be available for current use, leaving US $225,000 of the loan usable. At 6% interest, the US $250,000 loan would require an interest payment of US $15,000 per year. This is partially offset by the 2% interest earned on the US $25,000 incremental balance, or US $500. Subtracting the US $500 interest earned from the US $15,000 of expense results in net interest expense of US $14,500 for the use of US $225.000 in funds. Dividing US $14,500 by US $225,000 produces an effective interest rate of 6.44%.
NEW QUESTION: 3
2つの冗長WANエッジルーター間のクロスリンクを使用してトランスポートの冗長性を構築する機能はどれですか?
A. ゼロタッチプロビジョニング
B. OMP
C. TLOC拡張
D. サービス品質
Answer: C
Explanation:
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