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A reserve-based loan (RBL) is NOT which of the following? a. three-to-five-year term loan b. an unsecured loan c. a revolving facility d. a loan

A reserve-based loan (RBL) is NOT which of the following?

a. three-to-five-year term loan

b. an unsecured loan

c. a revolving facility

d. a loan with a senior claim to collateral, relative to all other debt

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