Which of the following is not true regarding a revolving, Financial Management

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Which of the following is not true regarding a revolving

Which of the following is not true regarding a revolving credit agreement

a. the interest rate is usually a fixed rate

b. the borrower must pay a commitment fee on any unborrowed funds

c. the bank is legally committed to lend the funds

d. none of the above

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Financial Management: Which of the following is not true regarding a revolving

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Financial Management: Which of the following is not true regarding a revolving

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