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Modeling a revolving line of credit is a crucial skill for an analyst. Additionally, it helps the analyst naturally balance a balance sheet. Which of
Modeling a revolving line of credit is a crucial skill for an analyst. Additionally, it helps the analyst naturally balance a balance sheet. Which of the below are features of building a revolving line of credit into a financial model?
Select ALL that apply.
It's a 'lender of last resort'
Flexibility which can be used when necessary
Does not result in a circular calculation
It can be borrowed, paid back and reborrowed as needed
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