FIN 366 EDU Career Path Begins/fin366edu.com FIN 366 EDU Career Path Begins/fin366edu.com | Page 3

c) How much will Jones Securities earn for conducting the offering?
(Questions 3 to 5 have only one answer each)
3. There are ______ members of the Federal Reserve Board of
Governors, ----_______ members of the Federal Open Market
Committee, and ________ Federal Reserve Banks.
a. 12; 7; 12; b. 7; 14; 12; c. 14; 12; 12; d. 7; 12; 12
4. The Fed's primary tools of monetary policy include all the
following except
a. changing the discount rate.
b. open market operations.
c. adjusting reserve requirements.
d. changes in the Federal Funds rate.
5. If a Canadian dollar costs $0.84 in U.S. dollars today and traded for
$0.86 last year, the U.S. dollar
a. has appreciated against the Canadian dollar.
b. has depreciated against the Canadian dollar.
c. has more buying power in England.
d. none of the above.
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FIN 366 Final Exam Guide

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