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    Business
  3. Study Set
    Essentials of Entrepreneurship
  4. Exam
    Exam 15: Sources of Financing: Equity and Debt
  5. Question
    In Asset-Based Borrowing, the ________ Rate Is the Percentage of an Asset's
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In Asset-Based Borrowing, the ________ Rate Is the Percentage of an Asset's

Question 51

Question 51

Multiple Choice

In asset-based borrowing, the ________ rate is the percentage of an asset's value that a lender will lend.


A) prime
B) margin
C) advance
D) discounted

Correct Answer:

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