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Section A (1 Mark)When two banks simply agree to exchange a portion of their customers'...

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Section A (1 Mark)

When two banks simply agree to exchange a portion of their customers' loan repayments, they are using:

A.

A credit option

B.

A standby letter of credit

C.

A credit linked note

D.

A credit swap.

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  • Vendor: AAFM
  • Product: CWM_LEVEL_2
  • Update on: Jul 30, 2025
  • Questions: 1259
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TESTED 03 Aug 2025