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valputin valputin
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8 years ago
Which of the following statements most accurately describes the task of bank asset management?
A) Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
B) Banks seek to prevent bank failure at all cost; since a failed bank earns no profit, liquidity needs supersede the desire for profits.
C) Banks seek the highest returns possible subject to minimizing risk and making adequate provisions for liquidity.
D) Banks seek to acquire funds in the least costly way.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 178 times
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Our course uses > The Economics of Money, Banking and Financial Markets

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wrote...
8 years ago
C
valputin Author
wrote...
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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