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The Following Factor (S)can Prevent a Conversion from Occurring

question 12

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The following factor (s) can prevent a conversion from occurring:


Definitions:

Open Market

A marketplace that is open to all participants, where buyers and sellers engage in trade without significant restrictions or regulations.

Interest Rates

The percentage of a sum of money charged for its use, often expressed annually.

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum set by the central bank or regulatory authority.

Liquidity

Money or things that can be quickly and easily converted into money with little or no loss of value.

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