jamalrogers2223
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  • 17-01-2021
  • Business
contestada

which business is more likely to borrow from an investment bank

Respuesta :

crumbsms
crumbsms crumbsms
  • 17-01-2021

Answer:

Investment banks were seeking to borrow more money to trade more debt and earn more profits. Early on, for every one dollar the investment bank invested from its own funds, it invested an additional three dollars of borrowed funds.

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