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Which of the following is not correct concerning Bankers Acceptances? Bankers Acceptances have similar tax treatment to Jumbo CDs. Bankers Acceptances are subject to capital
Which of the following is not correct concerning Bankers Acceptances? Bankers Acceptances have similar tax treatment to Jumbo CDs. Bankers Acceptances are subject to capital gains tax since they are negotiable. Bankers Acceptances are typically used in connection with foreign commerce. Bankers Acceptances are typically issued by banks on behalf of smaller companies that have weaker credit on their own
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