Conyers Bank Holds U

question 22

Multiple Choice

Conyers Bank holds U.S.Treasury bonds with a book value of $30 million.However,the U.S.Treasury bonds currently are worth $28,387,500. The bank's portfolio manager wants to shorten asset maturities.Which of the following statements is true?

• A)The portfolio manager is reluctant to sell the bonds outright since the bank will have to take a loss.
• B)The portfolio manager is willing to sell the bonds outright since they are not as valuable as their book value.
• C)The portfolio manager is willing to sell the bonds outright since they are more valuable than their book value.
• D)The portfolio manager is reluctant to sell the bonds outright since the bank will have to pay taxes on the gain.

Realize the application of memory concepts in understanding various psychological conditions.

Understand the types of long-term memory and their characteristics.

Distinguish between declarative (explicit) and nondeclarative (implicit) memory.

Comprehend the concepts of episodic and semantic memory.

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Definitions:

Conscientious

Characterized by a high level of care, diligence, and a desire to do a task well, often associated with a strong sense of duty and responsibility.

Explicit

Clearly expressed or fully revealed in the form of details, leaving no room for confusion or doubt.

Judicious

Having, showing, or done with good judgment or sense.

Crowdsourcing

The practice of engaging a crowd or group of people to contribute knowledge, ideas, skills, or services to a project or problem, often via the internet.