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Which of the following is NOT included as high-quality liquid assets when computing a liquidity coverage ratio?
Personal Use
Utilization of property or services for individual or family needs, rather than for business or investment purposes.
Rental
A leasing agreement where an asset is leased out by the owner to another party in exchange for payment.
Royalties
Payments made to authors, artists, or other creators for the use or sale of their original work.
Copyrighted Material
Intellectual property that is protected by copyright law, which gives the creator exclusive rights to use and distribute their work.
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