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    Business
  3. Study Set
    International Financial Management
  4. Exam
    Exam 18: Long-Term Debt Financing
  5. Question
    Fixed Rate Loans Have Interest Rates That Are Fixed for One
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Fixed Rate Loans Have Interest Rates That Are Fixed for One

Question 1

Question 1

True/False

Fixed rate loans have interest rates that are fixed for one year but adjust at the end of each year in response to prevailing interest rates.

Correct Answer:

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