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    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    A Compensating Balance Not Only Forces the Borrower to Be
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A Compensating Balance Not Only Forces the Borrower to Be

Question 35

Question 35

True/False

A compensating balance not only forces the borrower to be a good customer of the bank but may also raise the interest cost to the borrower.

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