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A2 Economics > Financial Markets > Flashcards

Financial Markets Flashcards

1
Q

Define a commercial bank

A

Manages deposits, cheques and savings aconunts for individuals; the can then make loans with that money

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2
Q

Calculate % Yield

A

Coupon/Price x100

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3
Q

Explain relationship between interest rates and bond prices

A

Inverse relationship between market intrese

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A2 Economics (2 decks)

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