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19 May, 05:11

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

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  1. 19 May, 06:40
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    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.
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