You Have Quoted Your Customer the Following CAD Deposit Rates

question 366

Multiple Choice

You have quoted your customer the following CAD deposit rates: 1M 1.00-05% 2M 1.06-11% 3M 1.13-18% The customer says, "I give you CAD 20,000,000.00 in the two's". What have you done?

• A) Borrowed CAD 20,000,000.00 at 1.06%
• B) Lent CAD 20,000,000.00 at 1.11%
• C) Borrowed CAD 20,000,000.00 at 1.11%
• D) Lent CAD 20,000,000.00 at 1.06%

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Definitions:

Trans Fat

A type of unhealthy fat found in some processed foods, created by adding hydrogen to vegetable oil, associated with increased risk of heart disease.

High-Fiber Foods

Foods rich in dietary fiber, beneficial for digestion and potentially reducing the risk of chronic diseases.

Nutrient-Dense Meals

Foods or meals packed with a high amount of nutrients but relatively low in calories, essential for a healthy diet.

Acquired Immunodeficiency Syndrome

A viral disease affecting the immune system, making it hard for the body to fight infections.