Discuss the components of the balance sheet of a savings


1. Why are foreign currency futures contracts more popular with individuals and banks while foreign currency forwards are more popular with businesses?

2. Discuss the components of the balance sheet of a savings institutions.

3. A municipal bond carries a coupon rate of 6 3/4% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in the 35% tax bracket?

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Financial Management: Discuss the components of the balance sheet of a savings
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