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Select all that apply as distinguishing features of a club loan as an alternative to a syndicated loan: Club loans are limited to fixed-rate financing
Select all that apply as distinguishing features of a club loan as an alternative to a syndicated loan:
Club loans are limited to fixed-rate financing wif a maximum term of 10 years
All participants are normally involved upfront
A club loan, by convention, can only involve the borrower and five financial institutions
Each participant retains it's original commitment in the loan
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