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2. If the cost of a CDIC insurance payoff is $20 million and the cost of the financial assistance for a purchase and assumption is
2. If the cost of a CDIC insurance payoff is $20 million and the cost of the financial assistance for a purchase and assumption is $15 million, the CDIC is likely to _____ A) Pay off depositors of the failed bank B) Ask Parliament for further financial assistance C) Establish an action committee with OSFI for intervention D) Hunt for a healthy bank to take control and keep the failing bank open
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