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17 Which of the following is the most persuasive argument against market value accounting? O a. FI's are increasingly trading, selling, and securitizing assets. O
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Which of the following is the most persuasive argument against market value accounting? O a. FI's are increasingly trading, selling, and securitizing assets. O b. Market value accounting is difficult to implement. Oc. Market value accounting may interfere with an FI's special functions as lenders and monitors of credit. Od. Market value accounting introduces an unnecessary degree of variability into an FI's earnings Step by Step Solution
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