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Why will banks extend short-term working capital financing to companies to which they would not extend long-term credit. a. Conditions are unlikely to deteriorate too

Why will banks extend short-term working capital financing to companies to which they would not extend long-term credit.

a.

Conditions are unlikely to deteriorate too badly in the short term.

b.

Working capital loans are "self liquidating."

c.

The working capital itself can be used to collateralize the loan.

d.

All of the above.

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