Riskiest counterparties in the federal funds market

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Would you rather borrow at the federal funds market than from the discount window if your bank is in the 99th percentile of the distribution (i.e., considered to be among the riskiest counterparties in the federal funds market)?

Please consider the cost of funds (interest rate) to be your primary concern when making this decision and answering this question.

Reference no: EM133118365

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