If your bank specializes in lending money to home builders and the forecast for new home sales

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If your bank specializes in lending money to home builders and the forecast for new home sales is predicting a decline in the coming months, what type of financial instrument could you use to protect against builders defaulting on loans because they are unable to sell the houses they’ve built?

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Business in Action

ISBN: 978-0133773996

7th edition

Authors: Courtland Bovee, John Thill

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