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A banker's acceptance is: Question 6 options: a debt instrument issued by a bank and that which usually pays interest. a negotiable instrument drawn against
A banker's acceptance is:
Question options:
a debt instrument issued by a bank and that which usually pays interest.
a negotiable instrument drawn against deposited funds, to pay a specified amount of money to a specific person upon demand.
the acceptance by a drawee of a check or draft.
a shortterm credit investment created by a nonfinancial firm and guaranteed by a bank.
a written order by one person to pay a sum of money to a third person.
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