Multiple Choice
Which of the following rankings of liabilities is correct if they are ranked by funding costs from lowest cost to highest cost?
A) Retail certificates of deposit;repurchase agreements;federal funds.
B) Federal funds;demand deposits;certificates of deposit.
C) Repurchase agreements;money market demand accounts;retail certificates of deposit.
D) Certificates of deposit;federal funds;demand deposits.
Correct Answer:
Verified
Correct Answer:
Verified
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