Which of the following is most like a short-term collateralized loan? A) Certificate of deposit B) Repurchase agreement C) Savings account D) Commercial paper

Respuesta :

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.