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The standard benchmark measure used for the cost of funds in the London Market is:
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B. LIBID
C. LIBOR
D. UMEAN
Answer: D
NEW QUESTION: 3
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C. Cost aggregation and parametric estimation is a tool/ technique of cost budgeting process
D. Cost aggregation is used to ensure that the expenditure of funds is reconciled with the funding limits imposed by the performing organization
Answer: D
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