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The financial instrument for borrowing in which the collateral is usually more than the ...
Classroom
Commerce Classroom
Jamb
Jamb 2001
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The financial instrument for borrowing in which the collateral is usually more than the amount borrowed is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Trust certificate
B
Detachable warrant
C
Mortage bond
D
Converttible securities
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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