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boland boland
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7 years ago
A Firm sells its 90 days receivables through recourse base factoring thus
A) it avoids the costs of determining counterparty creditworthiness.
B) receives cash proceeds at lower cost compared to standard credit line.
C) accepts the risk that not all receivables will be collected.
D) increases political and FX risk.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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boland Author
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#2
7 years ago
This is awesome, thanks so much
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#3
7 years ago
You're welcome Wink Face
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