Which of the following are the newer financial instruments and services that appear to have good prospects for rapid market development in the future?
A) Loans to remodel residential dwellings (due to the aging of existing homes and greater availability of home equity credit)
B) Large stock loans
C) Credit swaps and other credit risk derivatives, which permit a lending institution to seek protection against loan defaults and depreciation in asset values
D) A and C above
E) All of the above

Question

Quizplus · Accepted Answer

Loans for remodeling residential dwellings and credit swaps/derivatives are newer financial instruments with good prospects due to the aging housing stock and the desire for risk management in lending, respectively. Large stock loans are not specifically identified as a rapidly developing market in the context provided.

Which of the Following Are the Newer Financial Instruments and Services