Use the Following Information to Answer the Question(s)below

question 35

Multiple Choice

Use the following information to answer the question(s) below.
You are a risk manager for Security First Trust Savings and Loan (SFTSL) .SFTSL's balance sheet is as follows (in millions of dollars) : The duration of the auto loans is three years and the duration of the mortgages is eight years.Both cash reserves and checking and savings have zero duration.The CDs have a duration of two years and the long-term financing has a ten-year duration.
-If interest rates are currently 5%,but fall to 4%,your estimate of the approximate change in SFTSL equity is closest to:

• A)8% decrease.
• B)12% decrease.
• C)8% increase.
• D)14% increase.

Recognize the legal defenses available to employers in age discrimination cases.

Understand the requirements and implications of waivers in the context of age discrimination and workforce reductions.

Know the amendments and acts related to age discrimination and employee benefits.

Understand the criteria for proving age discrimination in employment.

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Definitions:

Disproved

Shown to be false or incorrect through evidence or logical argument.

Proved

Demonstrated to be true or established with evidence.

Carl Popper

A philosopher of science known for his work on the philosophy of science, particularly for advocating the criterion of falsifiability in science.

Behaviour

Actions or reactions of an organism, often in response to its environment or stimuli.