Because diversification is a desirable strategy for avoiding risk, it never makes sense for a bank to

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Because diversification is a desirable strategy for avoiding risk, it never makes sense for a bank to specialize in making specific types of loans. Is this statement true, false, or uncertain? Explain your answer.

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:20 AM

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Because diversification is a desirable strategy for avoiding risk, it never makes sense for a bank to

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Its quite a false statement False Although diversification is a desirab...View the full answer

Economics of Money, Banking and Financial Markets

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