Question: Lehman Brothers commonly used _________ as collateral when borrowing short-term funds, but its funding was cut off because prospective creditors questioned the quality of the
Lehman Brothers commonly used _________ as collateral when borrowing short-term funds, but its funding was cut off because prospective creditors questioned the quality of the collateral.
| a. | commercial paper | |
| b. | mortgages | |
| c. | its stock | |
| d. | Treasury securities |
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