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juncmodule juncmodule
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Posts: 685
6 years ago
Which of the following is a characteristic of a typical private placement of debt?
A) It carries a variable interest rate.
B) Its maturity is shorter than most bank loans.
C) Because of the higher risk, more restrictions are imposed on the borrower than with a comparable bank loan.
D) It operates much like a bond, but its terms are tailored to the borrower's individual needs, as a loan would be.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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Essentials of Entrepreneurship and Small Business Management 6th Edition by Scarborough
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MualoMualo
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6 years ago
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