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Investment banks are vulnerable because

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6 years ago

Investment banks are vulnerable because

Investment banks are vulnerable because
A) the maturity of their liabilities is less than the maturity of their assets.
B) the maturity of their assets is less than the maturity of their liabilities.
C) they tend to be underleveraged.
D) they tend to primarily hold short-term assets.

Textbook

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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