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Yanka [14]
3 years ago
10

Which of the following is most like a short-term collateralized loan? A) Certificate of deposit B) Repurchase agreement C) Savin

gs account D) Commercial paper
Business
1 answer:
Semmy [17]3 years ago
5 0

Answer:

Repurchase agreement.

Explanation:

Repurchase agreement is also known as repo. It is short-term borrowing mostly in government securities. The dealer's buy securities and sell them only to repurchase them soon at a higher price.

The securities are used as collateral for borrowing.

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