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Question
Which of the following is NOT a typical argument against market value accounting?
A. Market value accounting introduces an unnecessary degree of variability into an FI's earnings.
B. The use of market value accounting may reduce the willingness of FI's to invest in longer-term assets.
C. FI's are increasingly trading, selling, and securitizing assets.
D. Market value accounting is difficult to implement.
E. Market value accounting may interfere with an FI's special functions as lenders and monitors of credit.
Answer
This answer is hidden. It contains 1 characters.
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