A firm wishes to obtain short term financing at a rate significantly below that which a bank would charge. If the firm is large and highly rated, it may be able to meet its needs by _______________.
A) Obtaining an unsecured committed operating loan.
B) Obtaining an unsecured non-committed operating loan.
C) Factoring its receivables.
D) Obtaining an inventory loan.
E) Issuing bankers acceptances.
Correct Answer:
Verified
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