Multiple Choice
Which of the following is NOT a key characteristic of loans sold in the short-term loan sale market?
A) Issued as a secured loan.
B) Loans to investment grade borrowers or better.
C) Issued with a fixed rate.
D) Sold in units of $1 million and up.
E) Issued for 90 days or less.
Correct Answer:
Verified
Correct Answer:
Verified
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