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tetleyelmo tetleyelmo
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7 years ago
What does a self-liquidating bank loan mean?
A) The loan pays of itself.
B) The loan is received in cash only.
C) The loan is used to purchase assets that are worth more than the loan.
D) The loan is used to finance an asset that will pay off the loans.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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