Question1 Which one of the following statements is incorrect? If a commercial bank accepts the bill this enhances the credit quality of the debt arrangement An issuer will seek to sell the bill in the market at the highest yield A bank can provide both a bill acceptance facility and a bill discount facility The bank increases the creditworthiness of the bill by acting as the acceptor Bills are always sold at a discount to its face value ResetMaximum marks: 1 Flag question undefined单项选择题

A

If a commercial bank accepts the bill this enhances the credit quality of the debt arrangement

B

An issuer will seek to sell the bill in the market at the highest yield

C

A bank can provide both a bill acceptance facility and a bill discount facility

D

The bank increases the creditworthiness of the bill by acting as the acceptor

E

Bills are always sold at a discount to its face value

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

Question17 A company decides to fund its short-term cash needs by issuing a 180-day bank-accepted bill with a face value of $300,000. They approached three potential discounters - each quoting yields of 4.10%, 4.36% and 4.85% p.a. Which quote should the company accept and what amount would they raise? None of the options are correct 4.10%; $293,973.54 4.85%; $293,973.54 4.10%; $294,054.46 4.85%; $294,054.46 ResetMaximum marks: 1 Flag question undefined

Question1 Which one of the following statements is incorrect? If a commercial bank accepts the bill this enhances the credit quality of the debt arrangement The bank increases the creditworthiness of the bill by acting as the acceptor A bank can provide both a bill acceptance facility and a bill discount facility Bills are always sold at a discount to its face value An issuer will seek to sell the bill in the market at the highest yield ResetMaximum marks: 1 Flag question undefined

Question1 Which one of the following statements is incorrect? An issuer will seek to sell the bill in the market at the highest yield The bank increases the creditworthiness of the bill by acting as the acceptor If a commercial bank accepts the bill this enhances the credit quality of the debt arrangement Bills are always sold at a discount to its face value A bank can provide both a bill acceptance facility and a bill discount facility ResetMaximum marks: 1 Flag question undefined

Question1 Which one of the following statements is incorrect? Bills are always sold at a discount to its face value A bank can provide both a bill acceptance facility and a bill discount facility An issuer will seek to sell the bill in the market at the highest yield If a commercial bank accepts the bill this enhances the credit quality of the debt arrangement The bank increases the creditworthiness of the bill by acting as the acceptor ResetMaximum marks: 1 Flag question undefined

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！