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Which of the following is NOT true regarding unsettled funds: A , Borrowings are determined based upon settled funds. B , The timeframe by which

Which of the following is NOT true regarding unsettled funds: A

,

Borrowings are determined based upon settled funds. B

,

The timeframe by which payment

(

settlment

)

is due or received for a given transaction is product specific. C

,

Unsettled funds are used for the purpose of determining wether a margin loan exists.

?

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