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    Foundations of Financial Management Study Set 1
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    Exam 8: Sources of Short-Term Financing
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    Bank Loans to Business Firms
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Bank Loans to Business Firms

Question 64

Question 64

Multiple Choice

Bank loans to business firms:


A) are usually long-term in nature.
B) are preferred by the banker to be self-liquidating.
C) require compensating balances.
D) are always at a fixed rate.

Correct Answer:

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