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When a bank uses its own funds to invest in security markets, this activity is not subject to regulations. is designed to guarantee the safety
When a bank uses its own funds to invest in security markets, this activity
| is not subject to regulations. | ||
| is designed to guarantee the safety of deposits. | ||
| is referred to as proprietary trading. | ||
| all of the above. |
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International Financial Management
Authors: Jeff Madura
11th Edition
0538482966, 9780538482967
