What is the prime rate

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Reference no: EM131463537

Question: 1. What is the prime rate? Who gets the prime rate?

2. What is the difference between a line of credit and a revolving credit agreement?

3. Explain how factoring works. Of what benefit is factoring to a firm that sells its receivables?

4. What are the advantages of financing through the sale of stock?

Reference no: EM131463537

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