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Banks use repurchase agreements to A. ensure that payments on consumer loans are made on time. B. borrow funds from business firms or other banks.
Banks use repurchase agreements to
A. ensure that payments on consumer loans are made on time.
B. borrow funds from business firms or other banks.
C. guard against price fluctuations on long-term bonds.
D. ensure that they always have enough funds on hand to meet their federal tax liabilities.
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