商业银行经营学复习提纲

1、商业银行经营学（复习提纲）1、 Fill in the Blank Questions(1) _is a newer service provided by banks where the bank lends money to individuals for the purchase of durable and other goods.(2) A bank which now offers all of the available financial services is known as a _bank.(3) The short term securities of the bank

2、, including T-Bills and commercial paper, are often called _because they are the second line of defense to meet demands for cash.(4) _ can be held by individuals and nonprofit institutions, bear interest and permit drafts from being written against the account to pay third parties.(5) A(n)_ allows t

3、he holder the right to either sell securities to another investor (put) or buy securities from another investor (call) for a set price before the expiration date.(6) A(n) _is a contingent claim of the bank that issues it. The issuing bank, in return for a fee, guarantees the repayment of a loan rece

4、ived by its customer or the fulfillment of a contract made by its customer to a third party.(7) Debt instruments issued by cities, states and other political entities and which are exempt from federal taxes are collectively known as _.(8) The _is the total difference between its sources and uses of

5、funds.(9) When a customer is charged based on the number and kinds of services used, with the customers that use a number of services being charged less or having some fees waived, this is called _pricing.(10) Core capital such as common stock, surplus, undivided profits, qualifying noncumulative pr

6、eferred stock, etc. is referred to as _ capital as defined by the Basel agreement.2、 True/False Questions(1) The role performed by banks in the economy in which they transform savings into credit is known as the intermediation role( ).(2) In the United States, fixed fees charged for deposit insuranc

7、e, regardless of how risky a bank is, led to a problem known as moral hazard( ).(3) A banks ROA equals its ROE times the ratio of total assets divided by total equity capital( ).(4) Charge-offs represent securities a bank decides to sell because they have declined in value( ).(5) A liability-sensiti

8、ve bank will experience an increase in its net interest margin if interest rates rise( ).(6) The buyer of a loan participation must watch both the borrower and the seller bank closely( ).(7) Prepayment risk on securitized assets generally increases when interest rates rise( ).(8) When a bank tempora

9、rily offers higher than average interest rates or lower than average customer fees in order to attract new business they are practicing conditional pricing( ).(9) Recent research suggests that interest-rate contracts display considerably less risk exposure than do foreign-currency contracts( ).(10)

10、The long hedge in financial futures contracts is most likely to be used in situations where a bank would suffer losses due to rising interest rates( ).3、 Multiple Choice Questions(1) Drew Davis goes to his local bank to get help developing a financial plan and making investment decisions. Which of t

11、he more recent services banks offer is Drew taking advantage of ?A) Getting a consumer loanB) Getting financial adviceC) Managing cashD) Getting venture capital servicesE) Buying a retirement planAnswer: (2) Banks are regulated for which of the reasons listed below? A)Banks are leading repositories

12、of the publics savings. B)Banks have the power to create money. C)Banks provide businesses and individuals with loans that support consumption and investment spending. D)Banks assist governments in conducting economic policy, collecting taxes and dispensing government payments. E)All of the above. A

13、nswer: (3)Nonperforming loans are credits on which any scheduled loan repayments and interest payments are past due for more than: A)30 days B)60 days C)90 days D)180 days E)None of the above. Answer: (4) A bank is asset sensitive if its: A)Loans and securities are affected by changes in interest ra

14、tes. B)Interest-sensitive assets exceed its interest-sensitive liabilities. C)Interest-sensitive liabilities exceed its interest-sensitive assets. D)Deposits and borrowings are affected by changes in interest rates. E)None of the above. Answer: (5) A put option would most likely be used to: A)Protec

15、t fixed-rate loans and securities. B)Protect variable-rate loans and securities. C)Offset a positive interest-sensitive gap. D)Offset a negative interest-sensitive gap. E)None of the above. Answer: (6) Loan-backed securities, which closely resemble traditional bonds, carry various forms of credit en

16、hancements, which may include all of the following, EXCEPT: A)Credit letter guaranteeing repayment of the securities. B)Set aside of a cash reserve. C)Division into different risk classes. D)Early payment clauses. E)None of the above. Answer: (7) Which of the following statements is (are) correct re

17、garding duration? A)In comparing two bonds with the same yield to maturity and the same maturity, a bond with a higher coupon rate will have a longer duration. B)In comparing two loans with the same maturity and the same interest rate, a fully amortized(分期付款) loan will have a shorter duration than a

18、 loan with a balloon payment（付款的最后一笔较大）. C)The duration will always be shorter than the maturity for all debt instruments. D)All of the above E)B and C Answer: （8）A bank quotes an APY（Annual Percentage Yield） of 8%. A small business that has an account with this bank had $2500 in their account for h

19、alf the year and $5000 in their account for the other half of the year. How much in total interest earnings did this bank make during the year? A)$300 B)$200 C)$400 D)$150 E)None of the above Answer: （9）The risk that a customer the bank has entered into a contract with will fail to pay or to perform

20、, forcing the bank to find a replacement contract that may be less satisfactory is what form of risk listed below? A)Counterparty risk B)Interest-rate risk C)Operating risk D)Credit risk E)Liquidity risk Answer: （10）A bank has a profit margin of 5 percent, an asset utilization ratio of 11 percent ,

21、an equity multiplier of 12 and a retention ratio of 60 percent. What is this banks ICGR? A)6.6 percent B)3.96 percent C)7.2 percent D).33 percent E)None of the above Answer: 4、 Short Answer (1) What is monetary policy? (2) What makes it so difficult to correctly forecast interest rate changes? (3) W

22、hat advantages do sales of loans have for lending institutions trying to raise funds?(4) What kinds of assets are most suitable to the securitization process? (5) Which deposits are the least costly for depository institutions? The most costly?5、 Calculation (1) Suppose a bank has an ROA of 0.80 per

23、cent and an equity multiplier of 12x. What is its ROE? Suppose this banks ROA falls to 0.60 percent. What size equity multiplier must it have to hold its ROE unchanged?(2) A bank determines from an analysis of its cost-accounting figures that for each $500 minimum-balance checking account it sells account processing and other operating costs will average