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Which of the following statements regarding bankers' acceptances is true? A. Bankers' acceptances are bought and sold on a discount basis. B. Bankers' acceptances are
Which of the following statements regarding "bankers' acceptances" is true?
A.
Bankers' acceptances are bought and sold on a discount basis.
B.
Bankers' acceptances are guaranteed by the bank.
C.
Bankers' acceptances are used in overseas trading, bankers' acceptances are bought and sold on a discount basis, and bankers' acceptances are guaranteed by the bank.
D.
Bankers' acceptances are used in overseas trading.
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