Suppose the Bank of America provides a 5 year credit guarantee for Dillard's Department Stores.Dillard's Department Stores periodically issues short term notes with due dates of 90 days after they are issued in the international market.Bank of American has most likely provided a(n):

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The Bank of America has most likely provided a note issuance facility, which is a type of credit agreement that allows a borrower to issue short term notes in the international market with the backing of a bank's credit guarantee. This is a common type of financing for large corporations like Dillard's Department Stores. A Eurocommercial paper (ECP) is a type of short-term debt instrument, a depository receipt (DR) is a security representing ownership of shares in a foreign company, and a currency swap is a financial agreement between two parties to exchange one currency for another at a predetermined exchange rate. None of these options are likely to be the type of financing provided by the Bank of America in this scenario.

Suppose the Bank of America Provides a 5 Year Credit