EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103164535
Author: DeMarzo
Publisher: PEARSON
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Chapter 27, Problem 8P
Summary Introduction

To discuss: The difference between the evergreen credit and a revolving line of credit.

Introduction:

Line of credit is another type of bank loan credit. The bank will offer a loan on the line of credit, according to its nature, in a maximum limit.

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