write down 2 advantages of depositors
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Explanation:
1---Low Administration Costs.
2--Facilitates trading on Equity.
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Advantages of Public Deposits
Lower Rate of Interest. Public deposits are beneficial to the company as it receives funds at a lower rate of interest when compared to the rates charged by commercial banks and financial institutions.
Low Administration Costs. ...
Facilitates trading on Equity. ...
Unsecured. ...
Flexible.
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