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pompa pompa
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7 years ago
Compensating balance is a checking account balance equal to a certain percentage of the amount borrowed from a bank under a line-of-credit or revolving credit agreement.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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pompa Author
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7 years ago
This helped my grade so much Perfect
amandamraz
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Yesterday
Smart ... Thanks!
sakoon
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2 hours ago
Thanks
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