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Because of uncertainty about the timing and/or the amount of the cash outlays, a...

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Because of uncertainty about the timing and/or the amount of the cash outlays, a financial institution must be prepared ________.

to have sufficient projects to satisfy its capital budget constraints.

0%

to have sufficient risk to satisfy its conservative investors.

100%

to have sufficient risk to satisfy its obligations.

0%

to have sufficient cash to satisfy its obligations.

0%

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