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17-100 Assume That the T-Bills Can Only Be Sold at a 10

Question 88

Multiple Choice

17-100 Assume that the T-Bills can only be sold at a 10 percent discount,what is the net liquidity of the bank given this information?


A) $6.5 million.
B) $11.5 million.
C) $16.5 million.
D) $20.5 million.
E) $21.5 million.

Correct Answer:

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