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Lehman Brothers Commonly Used _________ as Collateral When Borrowing Short-Term

Question 63

Multiple Choice
Lehman Brothers commonly used _________ as collateral when borrowing short-term funds, but its funding was cut off because prospective creditors questioned the quality of the collateral.

Lehman Brothers commonly used _________ as collateral when borrowing short-term funds, but its funding was cut off because prospective creditors questioned the quality of the collateral.


A) commercial paper
B) Treasury securities
C) its stock
D) mortgages

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