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Posted by: Homeworkhelp
Price Quoted by Student: $1
Posted On: 2010-06-08 04:04:29
 
Question

Compensating Balances?

A. are used by banks as a substitute for charging service fees

B. are created by having a sweep account

C. generate returns to customers from interest bearing accounts

D. are used to reward new accounts


Solutions
SOLUTION A. are used by banks as a substitute for
Price $1
Attachment 1: Compensating Balances.doc
Solution Posted By: Homeworkhelp    Posted on: 08-06-2010