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A loan arrangement in which a parent company reduces its political risk by using an intermediary bank rather than a direct transfer of funds to
A loan arrangement in which a parent company reduces its political risk by using an intermediary bank rather than a direct transfer of funds to a subsidiary is called a(n) Multiple Choice parallel loan. eximbank direct loan. fronting loan. Overseas Private Investment Corporation (OPIC). Based on the choices provided, what is the best answer?
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The best answer based on the choices provided is fronting loan A fronting loan is a type of loan arr...
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
