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Which of the following terms best describes a loan where a larger line of credit or lower interest rate has been obtained by providing collateral to back that loan?

▸ a term loan

▸ a revolving line of credit

▸ a private placement

▸ an asset-backed line of credit
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
Authors:
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A week ago
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an asset-backed line of credit
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