1. Because credit unions _______ stock, they are technically owned by _______.
issue; the depositors
do not issue; the depositors
issue; the stockholders
do not issue; management
2. TRUE OR FALSE According to the 424B4 filed by Spotify on April 3rd, 2018, Spotify had gross margins of less than 25%, for the year ended December 31st, 2017.
3. College endowments have long term liabilities so VC funds are a good investment class since investments in VC funds are generally locked up for ten years.
True or false
4. Savings institutions __________ allowed to borrow funds in the federal funds market; savings institutions __________ allowed to borrow funds from the Federal Reserve's discount window.
are; are
are; are not
are not; are not
are not; are