1. Give three arguments about Australia may be facing a financial crisis becuase of the high level of debt and 2 arguments about Australia would not experiencing the financial crisis due to the high level debt.
2. A stock has monthly returns of -03.14%, -01.94% , -10.47%, and 28.11%. What is the stock’s geometric average return?
3. Discuss the importance of disclosing contingent assets and contingent liabilities for a financial institution. How can these contribute to a bank collapse?