17-95 What will be the cost of using a strategy of purchased liquidity management to meet the expected decline in deposits? Assume that the bank intends to keep $2 million in cash as liquidity precaution.
A) $10,000.
B) $15,000.
C) $30,000.
D) $40,000.
E) $50,000.
Correct Answer:
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A)the size
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