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The reason deposits are heavily favored by regulators is that the cash flows are fixed, contractual and well-known by the financial managers, which make them
| The reason deposits are heavily favored by regulators is that the cash flows are fixed, contractual and well-known by the financial managers, which make them much less risky to manage. |
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
