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7 A commercial bank is allowed to buy with its savers deposits assets such as a.Investment grade bonds b.Municipal bonds c.US Treasury bonds d.All of

7 A commercial bank is allowed to buy with its savers deposits assets such as

a.Investment grade bonds

b.Municipal bonds

c.US Treasury bonds

d.All of the above

8 A derivative is a security with payoffs

a.Tied to increased profitability

b.Tied to other asset prices

c.Tied to always increasing stock markets

d. Tied directly to interest rate fluctuations

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