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Question
HLT loans typically have all of the following characteristics except which of the following?
A. They have a short maturity of less than three months.
B. They are secured by assets of the borrowing firm.
C. They have floating rates tied to LIBOR or some other short-term index.
D. They have strong covenant protection.
E. They are term loans.
Answer
This answer is hidden. It contains 1 characters.
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