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    Commercial Banking The Management of Risk
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    Exam 13: Managing Liabilities
  5. Question
    ___________Is a Time Draft Drawn on a Bank by Either
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___________Is a Time Draft Drawn on a Bank by Either

Question 46

Question 46

Multiple Choice

___________is a time draft drawn on a bank by either an exporter or an importer to finance international business transactions.


A) A commercial paper
B) A bankers' acceptance
C) A capital note
D) none of the above

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