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    Financial Institutions Management Study Set 2
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    Exam 4: Risks of Financial Institutions
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    The Major Source of Risk Exposure Resulting from Issuance of Standby
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The Major Source of Risk Exposure Resulting from Issuance of Standby

Question 18

Question 18

Multiple Choice

The major source of risk exposure resulting from issuance of standby letters of credit is:


A) interest rate risk
B) credit risk
C) foreign exchange risk
D) off-balance-sheet risk

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