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  3. Study Set
    Fundamentals of Corporate Finance Study Set 12
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    Exam 20: Short-Term Financial Planning
  5. Question
    Why Does a Floating Lien Agreement Have a Higher Interest
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Why Does a Floating Lien Agreement Have a Higher Interest

Question 3

Question 3

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Why does a floating lien agreement have a higher interest rate than other types of short-term financing with collateral?

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