The fee banks pay to the FDIC for deposit insurance is now: a fixed dollar amount for all banks. O a fixed percentage of the bank's deposit level for all banks. O a fixed percentage of the bank's loan volume for all banks. O based on the risk of the bank.

The fee banks pay to the FDIC for deposit insurance is now: a fixed dollar amount for all banks. O a fixed percentage of the bank's deposit level for all banks. O a fixed percentage of the bank's loan volume for all banks. O based on the risk of the bank.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 23QTD

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Question

The fee banks pay to the FDIC for deposit insurance is now:
a fixed dollar amount for all banks.
O a fixed percentage of the bank's deposit level for all banks.
O a fixed percentage of the bank's loan volume for all banks.
O based on the risk of the bank.

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