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12-31 a Study by Citibank of 831 Defaulted Corporate Loans

Question 24

Multiple Choice

12-31 A study by Citibank of 831 defaulted corporate loans and 89 asset-based loans found that,on average,an FI can expect to recover approximately


A) 36 percent of the loan.
B) 63 percent of the loan.
C) 80 percent of the loan.
D) 90 percent of the loan.
E) only the market value of collateral securing the loan.

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