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Please Explain Answer 3, Uses of commercial bank funds Which of the following are ways that commercial banks use the funds they receive? Check all
Please Explain Answer
3, Uses of commercial bank funds Which of the following are ways that commercial banks use the funds they receive? Check all that apply. Hold them as cash to meet reserve requirements. Take speculative positions on equity securities, bonds, and other debt securities for their own accounts. Provide instaliment loans to support individuais' minor purchases, such as small household appliances, clothing, ete- Provide working capital loans to support business that don't want to add debt to their balance sheet but still need large amounts of capital for major purchases. True or Faise: The major use for bank funds is real estate loans. True False Step by Step Solution
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