4-71 Which of the Following Is True About Reverse Repurchase

question 43

Multiple Choice

4-71 Which of the following is true about reverse repurchase agreements?

• A)They are securities purchased under agreements to resell.
• B)They account for less than 5 percent of assets of broker-dealers.
• C)They amount to 40.8 percent of total liabilities and equity of broker-dealers.
• D)They are treated as liabilities.
• E)They are securities temporarily lent in exchange for cash received.

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