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NEED ASAP Many banks make working capital loans. Which of the following is true about these loans? The bank does not have to maintain reserves
NEED ASAP
Many banks make "working capital" loans. Which of the following is true about these loans? The bank does not have to maintain reserves against working capital loans. Working capital loans do not carry any liquidity risk to banks. Banks include working capital loans in Tier 1 capital. O As a company gets bigger, it typically requires larger working capital loans. O Only companies with seasonal businesses are eligible for working capital loans Step by Step Solution
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