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Suppose a Firm Is Asked to Pledge Collateral for a Term

Question 1

Multiple Choice

Suppose a firm is asked to pledge collateral for a term loan.Which of the following is likely to be least acceptable to the lender?


A) a rare book collection owned by the company.
B) the firm's inventory of industrial chemicals.
C) the firm's real estate holding.
D) securities held by the firm for investment.

Correct Answer:

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