Ask Question
2 November, 04:29

Which of the following is most like a short-term collateralized loan? A) Certificate of deposit B) Repurchase agreement C) Savings account D) Commercial paper

+1
Answers (1)
  1. 2 November, 04:52
    0
    Repurchase agreement.

    Explanation:

    Repurchase agreement is also known as repo. It is short-term borrowing mostly in government securities. The dealer's buy securities and sell them only to repurchase them soon at a higher price.

    The securities are used as collateral for borrowing.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is most like a short-term collateralized loan? A) Certificate of deposit B) Repurchase agreement C) Savings account ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers