1. A six-month T-Bill has a market price of $983 on a face value of $1,000. What is the effective annual rate (EAR) for the bond?
2. Harrison Bank has the following financial information: ROE=16% Net Income=1000 Total Asset-62500 Total equity-6250 What is the bank's asset utilization ratio? Answers: a. 1.6% b. 10% c. 12.8% d. 16% e. None of the options is correct
3. With what players in an organization does the finance manager work to ensure proper financial controls are in place? In 5-6 paragraphs, give a real-world example of a situation in which this relationship was absent and ultimately brought down the company.