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Business, 11.03.2020 00:17 xDoxing

Which of these is the requirement of the firm to keep a certain percentage of the borrowed money deposited in the firm's bank accounts, whereby the bank agrees to lend money to the firm?

1. Commercial loan
2. Line of credit
3. Compensating balance
4. Inventory loan

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Answers: 2

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Which of these is the requirement of the firm to keep a certain percentage of the borrowed money dep...
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