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30 May, 08:47

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. 30 May, 09:17
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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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