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Question
Which of the following is NOT a key characteristic of loans sold in the short-term loan sale market?
A. Issued as a secured loan.
B. Loans to investment grade borrowers or better.
C. Issued with a fixed rate.
D. Sold in units of $1 million and up.
E. Issued for 90 days or less.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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