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    CFIN4
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    Exam 17: Financial Planning and Control
  5. Question
    Many Firms Borrow by Using Banker's Acceptances (I
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Many Firms Borrow by Using Banker's Acceptances (I

Question 81

Question 81

True/False

Many firms borrow by using banker's acceptances (i.e., getting a bank to guarantee the firm's debt) when they are too small or too risky to use the commercial paper market.

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