THESE are the type of questions i have been looking for. very particular and unique in their wording. most study guides only have surface level/face value content which is the complete opposite of the exam. best of luck to all of us, i'll tell you now that the exam is fairly difficult due to its wording and niche sectors of topics.
cofi focuses on the broader cost by banks to borrow funds which affects rates and adjustable rate mortgages and codi focuses strictly on the cost of receiving/raising funds through deposit accounts by banks. both are correct.
THESE are the type of questions i have been looking for. very particular and unique in their wording. most study guides only have surface level/face value content which is the complete opposite of the exam. best of luck to all of us, i'll tell you now that the exam is fairly difficult due to its wording and niche sectors of topics.
questions 4 and 7 are the same but the answers are different.
cofi focuses on the broader cost by banks to borrow funds which affects rates and adjustable rate mortgages and codi focuses strictly on the cost of receiving/raising funds through deposit accounts by banks. both are correct.
What state is this for?
National.