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    Bank Management
  4. Exam
    Exam 12: Managing and Pricing Deposit Services
  5. Question
    An MMDA Is a Short-Term Deposit Where the Bank Can
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An MMDA Is a Short-Term Deposit Where the Bank Can

Question 6

Question 6

True/False

An MMDA is a short-term deposit where the bank can offer a competitive interest rate and which allows up to six preauthorized drafts per month.

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