What are compensating bank balances, and why are they not the same for all depositors?

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:42 AM

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What are compensating bank balances, and why are they not the same for all depositors?

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Compensating balances are a requirement imposed by a bank Usually the requirement is expressed i...View the full answer

Fundamentals Of Financial Management

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