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Question 29 2 points Bodle Company arranged for a line of credit with its focal bank. The company can borrow up to $100,000 as needed.

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Question 29 2 points Bodle Company arranged for a line of credit with its focal bank. The company can borrow up to $100,000 as needed. Bode pays tho bank a fee of $200 per your regardless of any specific borrowing under the arrangement. This is an example of 01. a noncommitted line of credit 2. a committed line of credit Osa secured loan. 4 commercial paper

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