Appropriate to use the collateral to secure loan

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Reference no: EM131886620

List examples of each type of collateral and explain what types of loans would be appropriate to use the collateral to secure a loan (i.e. purchase loan, consolidation loan, personal loan, etc.)

A. Depreciating value collateral

B. Fluctuating value collateral

C. Stable value collateral

D. Appreciating value collateral

Reference no: EM131886620

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