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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 1: Why Are Financial Institutions Special
  5. Question
    Because Bank Loans Have a Shorter Maturity Than Most Debt
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Because Bank Loans Have a Shorter Maturity Than Most Debt

Question 24

Question 24

True/False

Because bank loans have a shorter maturity than most debt contracts, FIs typically exercise less monitoring power and control over the borrower.

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