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    Exam 9: Short-Term Debt
  5. Question
    The Interest Rate Charged on an Unsecured Short-Term P-Note to a Company
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The Interest Rate Charged on an Unsecured Short-Term P-Note to a Company

Question 50

Question 50

Multiple Choice

The interest rate charged on an unsecured short-term P-note to a company is generally ________ the interest rate on a secured loan.


A) lower than
B) the same as
C) higher than
D) unrelated to

Correct Answer:

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