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Pile & Joseph (P&J) Enterprises Wants to Obtain Long-Term Financing

Question 107

Multiple Choice

Pile & Joseph (P&J) Enterprises wants to obtain long-term financing for a commercial real estate project, but it does not want to go to a regular bank for help. Which of the following institutions could help P&J?


A) Insurance company
B) Stock market
C) Local credit union
D) Board of governors of the Federal Reserve
E) Federal Reserve district bank

Correct Answer:

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