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Title: Which of the following is a characteristic of a typical private placement of debt?
Post by: juncmodule on Aug 10, 2017
Which of the following is a characteristic of a typical private placement of debt?
A) It carries a variable interest rate.
B) Its maturity is shorter than most bank loans.
C) Because of the higher risk, more restrictions are imposed on the borrower than with a comparable bank loan.
D) It operates much like a bond, but its terms are tailored to the borrower's individual needs, as a loan would be.


Title: Re: Which of the following is a characteristic of a typical private placement of debt?
Post by: Mualo on Aug 10, 2017
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