The federal funds are loans borrowed and lent on Options: A . &nbspsingle payment basis B . &nbspmonthly payment basis C . &nbspsemiannual payment basis D . &nbspannual payment basis

The federal funds are loans borrowed and lent on

Question

The federal funds are loans borrowed and lent on

Options:

A . single payment basis

B . monthly payment basis

C . semiannual payment basis

D . annual payment basis

Answer: Option A
Answer: (a).single payment basis

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