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  3. Study Set
    Intermediate Financial Management
  4. Exam
    Exam 21: Working Capital
  5. Question
    A Firm Has Set Up a Revolving Credit Agreement with a Bank
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A Firm Has Set Up a Revolving Credit Agreement with a Bank

Question 29

Question 29

True/False

a firm has set up a revolving credit agreement with a bank, the risk to the firm of being unable to obtain funds when needed is lower than if it had an informal line of credit.

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