《商业银行经营学》复习提纲.docx
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《商业银行经营学》复习提纲
《商业银行经营学》(复习提纲)
1、FillintheBlankQuestions
(1)________isanewerserviceprovidedbybankswherethebanklendsmoneytoindividualsforthepurchaseofdurableandothergoods。
(2)Abankwhichnowoffersalloftheavailablefinancialservicesisknownasa__________bank。
(3)Theshorttermsecuritiesofthebank,includingT-Billsandcommercialpaper,areoftencalled_________becausetheyarethesecondlineofdefensetomeetdemandsforcash。
(4)__________canbeheldbyindividualsandnonprofitinstitutions,bearinterestandpermitdraftsfrombeingwrittenagainsttheaccounttopaythirdparties.
(5)A(n)__________allowstheholdertherighttoeithersellsecuritiestoanotherinvestor(put)orbuysecuritiesfromanotherinvestor(call)forasetpricebeforetheexpirationdate。
(6)A(n)_____________isacontingentclaimofthebankthatissuesit.Theissuingbank,inreturnforafee,guaranteestherepaymentofaloanreceivedbyitscustomerorthefulfillmentofacontractmadebyitscustomertoathirdparty。
(7)Debtinstrumentsissuedbycities,statesandotherpoliticalentitiesandwhichareexemptfromfederaltaxesarecollectivelyknownas_______________.
(8)The_____________isthetotaldifferencebetweenitssourcesandusesoffunds。
(9)Whenacustomerischargedbasedonthenumberandkindsofservicesused,withthecustomersthatuseanumberofservicesbeingchargedlessorhavingsomefeeswaived,thisiscalled_____________pricing。
(10)Corecapitalsuchascommonstock,surplus,undividedprofits,qualifyingnoncumulativepreferredstock,etc。
isreferredtoas_____________capitalasdefinedbytheBaselagreement。
2、True/FalseQuestions
(1)Theroleperformedbybanksintheeconomyinwhichtheytransformsavingsintocreditisknownastheintermediationrole().
(2)IntheUnitedStates,fixedfeeschargedfordepositinsurance,regardlessofhowriskyabankis,ledtoaproblemknownasmoralhazard()。
(3)Abank’sROAequalsitsROEtimestheratiooftotalassetsdividedbytotalequitycapital()。
(4)Charge—offsrepresentsecuritiesabankdecidestosellbecausetheyhavedeclinedinvalue().
(5)Aliability-sensitivebankwillexperienceanincreaseinitsnetinterestmarginifinterestratesrise()。
(6)Thebuyerofaloanparticipationmustwatchboththeborrowerandthesellerbankclosely().
(7)Prepaymentriskonsecuritizedassetsgenerallyincreaseswheninterestratesrise()。
(8)Whenabanktemporarilyoffershigherthanaverageinterestratesorlowerthanaveragecustomerfeesinordertoattractnewbusinesstheyarepracticingconditionalpricing()。
(9)Recentresearchsuggeststhatinterest—ratecontractsdisplayconsiderablylessriskexposurethandoforeign—currencycontracts()。
(10)Thelonghedgeinfinancialfuturescontractsismostlikelytobeusedinsituationswhereabankwouldsufferlossesduetorisinginterestrates().
3、MultipleChoiceQuestions
(1)DrewDavisgoestohislocalbanktogethelpdevelopingafinancialplanandmakinginvestmentdecisions。
WhichofthemorerecentservicesbanksofferisDrewtakingadvantageof?
A)Gettingaconsumerloan
B)Gettingfinancialadvice
C)Managingcash
D)Gettingventurecapitalservices
E)Buyingaretirementplan
Answer:
(2)Banksareregulatedforwhichofthereasonslistedbelow?
A)Banksareleadingrepositoriesofthepublic’ssavings.
B)Bankshavethepowertocreatemoney。
C)Banksprovidebusinessesandindividualswithloansthatsupportconsumptionandinvestmentspending.
D)Banksassistgovernmentsinconductingeconomicpolicy,collectingtaxesanddispensinggovernmentpayments。
E)Alloftheabove。
Answer:
(3)Nonperformingloansarecreditsonwhichanyscheduledloanrepaymentsandinterestpaymentsarepastdueformorethan:
A)30days
B)60days
C)90days
D)180days
E)Noneoftheabove。
Answer:
(4)Abankisassetsensitiveifits:
A)Loansandsecuritiesareaffectedbychangesininterestrates。
B)Interest-sensitiveassetsexceeditsinterest—sensitiveliabilities.
C)Interest-sensitiveliabilitiesexceeditsinterest-sensitiveassets.
D)Depositsandborrowingsareaffectedbychangesininterestrates。
E)Noneoftheabove。
Answer:
(5)Aputoptionwouldmostlikelybeusedto:
A)Protectfixed—rateloansandsecurities。
B)Protectvariable—rateloansandsecurities。
C)Offsetapositiveinterest-sensitivegap.
D)Offsetanegativeinterest-sensitivegap.
E)Noneoftheabove。
Answer:
(6)Loan—backedsecurities,whichcloselyresembletraditionalbonds,carryvariousformsofcreditenhancements,whichmayincludeallofthefollowing,EXCEPT:
A)Creditletterguaranteeingrepaymentofthesecurities。
B)Setasideofacashreserve.
C)Divisionintodifferentriskclasses.
D)Earlypaymentclauses.
E)Noneoftheabove.
Answer:
(7)Whichofthefollowingstatementsis(are)correctregardingduration?
A)Incomparingtwobondswiththesameyieldtomaturityandthesamematurity,abondwithahighercouponratewillhavealongerduration。
B)Incomparingtwoloanswiththesamematurityandthesameinterestrate,afullyamortized(分期付款)loanwillhaveashorterdurationthanaloanwithaballoonpayment(付款的最后一笔较大)。
C)Thedurationwillalwaysbeshorterthanthematurityforalldebtinstruments.
D)Alloftheabove
E)BandC
Answer:
(8)AbankquotesanAPY(AnnualPercentageYield)of8%。
Asmallbusinessthathasanaccountwiththisbankhad$2500intheiraccountforhalftheyearand$5000intheiraccountfortheotherhalfoftheyear.Howmuchintotalinterestearningsdidthisbankmakeduringtheyear?
A)$300
B)$200
C)$400
D)$150
E)Noneoftheabove
Answer:
(9)Theriskthatacustomerthebankhasenteredintoacontractwithwillfailtopayortoperform,forcingthebanktofindareplacementcontractthatmaybelesssatisfactoryiswhatformofrisklistedbelow?
A)Counterpartyrisk
B)Interest—raterisk
C)Operatingrisk
D)Creditrisk
E)Liquidityrisk
Answer:
(10)Abankhasaprofitmarginof5percent,anassetutilizationratioof11percent,anequitymultiplierof12andaretentionratioof60percent.Whatisthisbank’sICGR?
A)6。
6percent
B)3.96percent
C)7。
2percent
D).33percent
E)Noneoftheabove
Answer:
4、ShortAnswer
(1)Whatismonetarypolicy?
(2)Whatmakesitsodifficulttocorrectlyforecastinterestratechanges?
(3)Whatadvantagesdosalesofloanshaveforlendinginstitutionstryingtoraisefunds?
(4)Whatkindsofassetsaremostsuitabletothesecuritizationprocess?
(5)Whichdepositsaretheleastcostlyfordepositoryinstitutions?
Themostcostly?
5、Calculation
(1)SupposeabankhasanROAof0.80percentandanequitymultiplierof12x.WhatisitsROE?
Supposethisbank'sROAfallsto0.60percent.WhatsizeequitymultipliermustithavetoholditsROEunchanged?
(2)Abankdeterminesfromananalysisofitscost-accountingfiguresthatforeach$500minimum—balancecheckingaccountitsellsaccountprocessingandotheroperatingcostswillaverage$4.87permonthandoverheadexpenseswillrunanaverageof$1.21permonth.Thebankhopestoachieveaprofitmarginovertheseparticularcostsof10percentoftotalmonthlycosts.Whatmonthlyfeeshouldthebankchargeacustomerwhoopensoneofthesecheckingaccounts?
6、Essays
(1)What'syouropinionsonthesizeeffectofbanks。
(2)WhatchangesofbankingindustrywillhappenaccordingtoyourviewpointifinterestratebeginscompletemarketizationinChina?
(3)Howdoesinterestratehaveinfluenceontheperformanceofabank?
Howtoprotectabankfromthedamageofinterestratefluctuation?
(4)In2013,thenetprofitofChinesecommercialbanksreachedanewrecordhigh,buttheirstockpricesdippedtoanewrecordlow,why?
pleaseexplain.