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10. Which one of the following statements is correct? A. T-bills can be issued by firm. B. A line of credit is a pre-approved loan
10. Which one of the following statements is correct? A. T-bills can be issued by firm. B. A line of credit is a pre-approved loan agreement between a financial institution and a borrower. C. An unsecured line of credit is a line of credit with real assets promised to the lender to cover non-payment of the loan. D. Interest rate of a loan must be fixed over time
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