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    Financial Markets and Institutions Study Set 7
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    Exam 3: Structure of Interest Rates
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    Some Financial Institutions Such as Commercial Banks Typically Invest Only
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Some Financial Institutions Such as Commercial Banks Typically Invest Only

Question 29

Question 29

Multiple Choice

Some financial institutions such as commercial banks typically invest only in


A) junk bonds.
B) corporate bonds rated B or higher.
C) Treasury securities.
D) investment-grade bonds.

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