MCQOPTIONS
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| 1. |
CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO? |
| A. | Clearing |
| B. | Culminative |
| C. | Collateralized |
| D. | Credit |
| Answer» D. Credit | |