Question $5($Mandatory$)(4$ points$)$

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A disadvantage of using purchased liquidity management to manage a Fl$\text{'}$s liquidity risk is $$

$$ A$)$ the resulting shrinkage of the Fl$\text{'}$s balance sheet.

B$)$ the relatively high cost of purchased liabilities.

C$)$ the accessibility of international money markets.

D$)$ tax considerations.

E$)$ None of the above.