A syndicated loan:
A) represents a loan by a single bank to a syndicate of corporations.
B) represents a loan by a single bank to a syndicate of country governments.
C) represents a direct loan by a syndicate of oil-producing exporters to a less developed country.
D) represents a loan by a group of banks to a borrower.
E) represents a loan by a single bank to a syndicate of corporations AND represents a loan by a single bank to a syndicate of country governments.
Correct Answer:
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