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    Foundations of Financial Management Study Set 1
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    Exam 8: Sources of Short-Term Financing
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    The Required Compensating Balance Is Usually Computed as A
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The Required Compensating Balance Is Usually Computed as A

Question 105

Question 105

Multiple Choice

The required compensating balance is usually computed as a:


A) percentage of customer loans outstanding.
B) factor of accounts receivable.
C) the bank's commitment to LIBOR.
D) pledge of inventory value.

Correct Answer:

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