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Question
All else equal, advantages of a DI operating as an asset broker in regard to mortgages includes all of the following EXCEPT
A. lower regulatory taxes.
B. increased fee-based income.
C. increased liquidity.
D. decreased asset and liability duration mismatch.
E. increased capital requirements.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
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C. stipulated that insurance companies are to be regulated at the state level.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
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