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Which of the following statements regarding bankers' acceptances is true? Bankers' acceptances are used in overseas trading. B. Bankers' acceptances are used in overseas trading,

Which of the following statements regarding "bankers' acceptances" is true?

Bankers' acceptances are used in overseas trading.
B.

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.
C.

Bankers' acceptances are guaranteed by the bank.
D.

Bankers' acceptances are bought and sold on a discount basis.

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