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    Financial Institutions Management
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    Exam 26: Loan Sales
  5. Question
    Floating-Rate Loan Assignments Typically Occur on the Loan Repricing Date
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Floating-Rate Loan Assignments Typically Occur on the Loan Repricing Date

Question 96

Question 96

True/False

Floating-rate loan assignments typically occur on the loan repricing date as an effort to minimize confusion regarding the calculation and transfer of accrued interest.

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