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  3. Study Set
    Financial Management Theory and Practice Study Set 1
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    Exam 17: Working Capital Management and Short-Term Financing
  5. Question
    The Effect of Compensating Balances Is to Decrease the Effective
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The Effect of Compensating Balances Is to Decrease the Effective

Question 91

Question 91

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The effect of compensating balances is to decrease the effective interest rate of a loan.

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