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D Question 1 4 pts What is bank capital used for? 1. Provides cushion for banks to absorb unexpected losses. II. Provides some protection for

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D Question 1 4 pts What is bank capital used for? 1. Provides cushion for banks to absorb unexpected losses. II. Provides some protection for uninsured depositors in the event of insolvency and liquidation. III. Acts as a necessary and sufficient buffer to achieve financial stability. Olis not correct. OI and II are not correct. O II and Ill are not correct. Ill is not correct. O II is not correct

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