Multiple Choice
Which of the following statements is are false?
A) Term loans require a repayment that is normally amortized.
B) Term loans have longer maturity as they are used to buy fixed assets that require large outlays.
C) The repayment comes from the cash flows generated by the assets financed by the term loans.
D) Term loans are not normally drawn under lines of credit.
E) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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