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(TCO 1) Federal Funds are typically(Points : 2)

(TCO 1) Federal Funds are typically(Points : 2)

     (a)  treasury deposits.
     (b)  Federal Reserve assets.
     (c)  commercial bank deposits at the Federal Reserve.
     (d)  Federal Reserve deposits.

(TCO 1) Potential fluctuations in exchange rates and the currency value of one country relative to another represent(Points : 2)

   (a) credit risk.
   (b) liquidity risk.
   (c) foreign exchange risk.
   (d) interest rate risk.

 
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