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FinCap Friday: A Bank Run is No Fun Flashcards | StudBud
FinCap Friday: A Bank Run is No Fun
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Why did Silicon Valley choose to sell bonds at a loss in early 2023?
A
They wanted to trade those bonds for stocks.
B
They couldn't afford to pay the withdrawal requests.
C
They wanted to use the cash to buy a physical bank building.
D
They wanted to have extra cash on hand in case they needed it.
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