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Compensating balance is a proportion of: Select one: a. a loan that a borrower is required to hold on deposit in foreign reserves. b. the
Compensating balance is a proportion of: Select one: a. a loan that a borrower is required to hold on deposit in foreign reserves. b. the investment that a borrower is required to hold on deposit at the lending institution. c. a loan that a borrower is required to hold on deposit at a correspondent bank. d. a loan that a borrower is required to hold on deposit at the lending institution
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