Which of the following statements is INCORRECT? Select one: a.Compared with government bonds, Treasury bills...
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Finance
Which of the following statements is INCORRECT? Select one: a.Compared with government bonds, Treasury bills do not have liquidity premia. b.Firms typically have to pay fees on unused overdraft limits approved by their banks. c.Eurodollar CDs are issued in the euro area. d.A repo is sale of securities with a commitment by the seller to buy the securities back from the purchaser at a higher price, typically in a day or so. e.Use of trade credit may increase sales volume.
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