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The most important developments that have reduced banks' income advantages in the past twenty years include A) the growth of the junk bond market. B)

The most important developments that have reduced banks' income advantages in the past twenty years include A) the growth of the junk bond market. B) the growth of the commercial paper market. C) the elimination of Regulation Q ceilings. D) all of the above. E) only A and B of the above.

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