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Which of the Following Statements Is FALSE

Question 15

Multiple Choice

Which of the following statements is FALSE?


A) With a discount loan,the borrower is required to pay the interest at the end of the loan period.
B) Bridge loans are often quoted as discount loans with fixed interest rates.
C) A bridge loan is another type of short-term bank loan that is often used to "bridge the gap" until a firm can arrange for long-term financing.
D) After a natural disaster,lenders may provide businesses with short-term loans to serve as bridges until they receive insurance payments or long-term disaster relief.

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