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b) Explain three factors that affect the pond's rating issued by a company. (6 marks) c) Explain the 3 differences between common stock and preferred
b) Explain three factors that affect the pond's rating issued by a company. (6 marks)
c) Explain the 3 differences between common stock and preferred stock. (9 marks)
d) Based on what you know about repurchase agreements, would you expect them to have a lower or higher annualized yield than commercial paper? Why? (4 marks)
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