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In optimal liquidity management decisions, there is a tradeoff between __________ and __________. long-term liquidity; short-term liquidity primary reserves; secondary reserves the cost of maintaining
In optimal liquidity management decisions, there is a tradeoff between __________ and __________.
long-term liquidity; short-term liquidity | ||
primary reserves; secondary reserves | ||
the cost of maintaining liquidity; the cost of insufficient liquidity | ||
price risk; interest rate risk | ||
secondary reserves; short-term liquidity |
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