Solved

Which of the Following Statements Is True

Question 20

Multiple Choice

Which of the following statements is true?


A) The credit equivalent amount is calculated by multiplying the present value of an off-balance-sheet instrument by a conversion factor.
B) The credit equivalent amount is calculated by multiplying the present value of an on-balance-sheet instrument by a conversion factor.
C) The credit equivalent amount is calculated by multiplying the notional amount by a conversion factor.
D) The credit equivalent amount is calculated by multiplying the face value of an on-balance-sheet instrument by a conversion factor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents