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Question
When a bank is expecting that the overall risk of FHC will be reduced when they combine investment banking services with the traditional banking services, what type of effect are they expecting?
A. Product-line diversification effect
B. Market diversification effect
C. Income diversification effect
D. Geographic diversification effect
E. None of the options is correct.
Answer
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Related questions
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C. Investment income is added to gross interest received.
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