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A bank may purchase if it seeks protection from increasing borrowing costs given a potential negative change in its credit rating. a standby letter of

image text in transcribedimage text in transcribed A bank may purchase if it seeks protection from increasing borrowing costs given a potential negative change in its credit rating. a standby letter of credit. a special purpose vehicle. a credit default swap. None of the options is correct A refers to an agreement between two banks to exchange a portion of their FDIC deposit coverage a credit option. a standby letter of credit. a credit linked note. a credit swap. None of the options is correct

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