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    Exam 17: Financial Management Appendix C Managing Risk
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    A Promissory Note That Requires the Borrower to Repay the Loan
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A Promissory Note That Requires the Borrower to Repay the Loan

Question 234

Question 234

Multiple Choice

A promissory note that requires the borrower to repay the loan in specified installments is called a(n) :


A) amortization installment.
B) repayment scheduling.
C) term loan agreement.
D) revolving line of credit.

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