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An asset and liability manager for a large financial institution has to recognize that retail products ___ include embedded options, which are often not rationally exercised, while wholesale products ___ carry penalties for repayment or include rights to terminate wholesale contracts on very different terms than are common in retail products.
A. Hardly ever; rarely
B. Frequently; rarely
C. Hardly ever; typically
D. Frequently; typically
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A. Option C
B. Option A
C. Option D
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NEW QUESTION: 4
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E. Create and include promotions within the sales catalog.
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