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2. Merchant banks are different from traditional commercial banks in what way(s)? A. Merchant banks can engage in investment banking activities B. Merchant banks can

2. Merchant banks are different from traditional commercial banks in what way(s)? A. Merchant banks can engage in investment banking activities B. Merchant banks can arrange for foreign exchange transactions. C. Merchant banks can assist their clients in hedging exchange rate risk. D. All of the above

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