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    Exam 11: A Real Intertemporal Model with Investment
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    A Firm That Is a Lender Finances Its Lending
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A Firm That Is a Lender Finances Its Lending

Question 53

Question 53

Multiple Choice

A firm that is a lender finances its lending


A) with a default premium.
B) with the spread between borrowing and lending rates.
C) with retained earnings.
D) through credit market imperfections.
E) in the bond market.

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