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Which of the following is a service provided by commercial banks? O Play a key role in the transmission of monetary policy Provide payment services Provide maturity intermediation services All of the above Question 13 A European option is an option contract that allows the holder to: exercise the option only on the expiration date exercise the option on or before the expiration date exercise the option before but not on the expiration date exercise the option after the expiration date Risk that a financial institution may be unable to transfer their financial claims or assets into cash, is the definition of O Liquidity Risk O Credit risk. O Political risk. Interest rate risk