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Question 10 Suppose you are a loan officer and Apple approaches you for a loan. All aspects of the loan are agreed to except for
Question 10 Suppose you are a loan officer and Apple approaches you for a loan. All aspects of the loan are agreed to except for the collateral. The value of the computers owned by employees are $2 billion. The value of their office space is $1.5 bn. Apple offers you the choice of which you would prefer as collateral for the loan. What would you prefer? Explain your rationale. Question 10 Suppose you are a loan officer and Apple approaches you for a loan. All aspects of the loan are agreed to except for the collateral. The value of the computers owned by employees are $2 billion. The value of their office space is $1.5 bn. Apple offers you the choice of which you would prefer as collateral for the loan. What would you prefer? Explain your rationale
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