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pompa pompa
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7 years ago
Lenders of secured short-term funds prefer collateral ________.
A) as it reduces the risk of default
B) that are illiquid assets
C) to reduce the losses if the borrower defaults
D) so that they can charge a higher interest rate
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Brilliant
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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