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Which of the following combinations of personal assets would provide the best potential source of repayment for a business loan, assuming the total stated value
Which of the following combinations of personal assets would provide the best potential source of repayment for a business loan, assuming the total stated value for each group were equal? ATreasury bills, cash surrender value of life insurance, and closedend mutual funds B Retirement funds, automobiles, and face value of a whole life insurance policy C Retirement funds, shares of stock in the business, and value of personal residence after deducting mortgages D Cash, notes receivable and partnership share in a nonrelated business
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