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1. What is the risk premium for Elxby Night Finance Company's 5-year interest rate of 12%, given that your local FDIC insured bank only offers

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1. What is the risk premium for Elxby Night Finance Company's 5-year interest rate of 12%, given that your local FDIC insured bank only offers a 4% return for 5-year CDs? Answer: 2. Name and describe the 3 types of risks associated with money market instruments. Answer: 3. What are the three primary credit bureaus? Answer: 1

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