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    Financial Institutions Management Study Set 2
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    Exam 16: Off-Balance-Sheet Activities
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    A Contractual Commitment to Lend to a Firm a Certain
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A Contractual Commitment to Lend to a Firm a Certain

Question 20

Question 20

Multiple Choice

A contractual commitment to lend to a firm a certain maximum amount at given interest rate terms is:


A) a loan commitment agreement
B) a credit line
C) a bond
D) None of the listed options are correct.

Correct Answer:

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