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Antoinette Wants to Take Out a Mortgage

Question 77

Multiple Choice

Antoinette wants to take out a mortgage. Her friend recommended she look into her bank, so Antoinette decided to do some research. Everything appeared to be the same except her friend's bank appeared to be owned by depositors rather than shareholders. Antoinette's friendmost likely recommended a


A) savings and loan association.
B) brokerage firm.
C) demand deposit institution.
D) mutual savings bank.
E) credit union.

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