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Modeling a revolving line of credit is a crucial skill for an analyst. Additionally, it helps the analyst naturally balance a balance sheet. Which of the below are features of building a revolving line of credit into a financial model?
a. It's a 'lender of last resort' b. Flexibility which can be used when necessary c. Does not result in a circular calculation d. It can be borrowed, paid back and re-borrowed as needed
Sagot :
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