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IN GENERAL, WHICH OF THE FOLLOWING INSTITUTIONS WILL MOST LIKELY HAVE A HIGH NEED FOR LIQUIDITY AND SHORT INVESTMENT TIME HORIZON? A BANK B ENDOWMENTS

IN GENERAL, WHICH OF THE FOLLOWING INSTITUTIONS WILL MOST LIKELY HAVE A HIGH NEED FOR LIQUIDITY AND SHORT INVESTMENT TIME HORIZON?

A BANK

B ENDOWMENTS

C DEFINED BENEFIT PENSION PLANS

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