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What does an in-house bank do regarding the individual transactions of various subsidiaries? a.Aggregates, nets, and processes them in bulk b.Requires they use external financing

What does an in-house bank do regarding the individual transactions of various subsidiaries?

a.Aggregates, nets, and processes them in bulk

b.Requires they use external financing whenever a competitive source could provide the service for less

c.Eliminates the need for netting or pooling arrangements

Becomes the counterparty for each individual transaction

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