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daogrady daogrady
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A month ago
The issuer of bankers' acceptances is paying a promised yield of 5%. What would be the promised yield on securities of the bank guaranteeing this issue?

▸ equivalent or less than 5%

▸ higher than 5%

▸ depends on the bank's liquidity

▸ cannot be determined
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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choroni64choroni64
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A month ago
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daogrady Author
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A month ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks for your help!!
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