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stranahan stranahan
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7 years ago
If you go to your bank and it grants you a lump sum loan today that requires monthly payments for a fixed period of time to repay the borrowed money, you have most likely received a ________.
A) discount loan
B) compensating balance loan
C) line of credit
D) straight loan with a preset payment schedule
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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macawmatanemacawmatane
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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