The most important developments that have reduced banks cost advantages in the past thirty years include:
A) the growth of the junk bond market.
B) the competition from money market mutual funds.
C) the growth of securitization.
D) the growth in the commercial paper market.

Question

Quizplus · Accepted Answer

The Answer of The most important developments that have reduced banks cost advantages in the past thirty years include:
A) the growth of the junk bond market.
B) the competition from money market mutual funds.
C) the growth of securitization.
D) the growth in the commercial paper market.

The Most Important Developments That Have Reduced Banks Cost Advantages