With bilateral clearing, the number of agreements between four dealers, who trade with each other, is

A. 12
B. 1
C. 6
D. 2


C
Suppose the dealers are W, X, Y , and Z. The agreements are between W and X, W and Y, W and Z, X and Y, X and Z, and Y and Z. There are therefore a total of 6 agreements.

Business

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Business

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Business

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Business