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When a Bank Sets Up a Euronote Issuance Facility for a Large

Question 28

Multiple Choice

When a bank sets up a euronote issuance facility for a large company,it gives the company the benefit of:


A) borrowing larger amounts compared with a straight loan.
B) having a shorter term facility compared with a straight loan.
C) having higher interest costs.
D) having a more liquid asset.

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