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The Rate of Discount on Bills Can Be Calculated by

Question 15

Multiple Choice

The rate of discount on bills can be calculated by


A) the number of times greater the money multiplier is relative to the liquidity ratio.
B) the percentage change in the liquidity ratio on Treasury Bills.
C) the ratio of Tier 1 capital to risk- weighted assets.
D) the size of the discount relative to the redemption value.

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