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    Financial Markets and Institutions Study Set 3
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    Exam 3: Structure of Interest Rates
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    Some Financial Institutions Such as Commercial Banks Are Required by Law
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Some Financial Institutions Such as Commercial Banks Are Required by Law

Question 76

Question 76

Multiple Choice

Some financial institutions such as commercial banks are required by law to invest only in


A) junk bonds.
B) corporate stock.
C) Treasury securities.
D) investment-grade bonds.

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