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The financial manager of a firm has a variable rate loan outstanding. If she wishes to protect the firm against an unfavorable increase in interest rates she could:
Alfred P. Sloan
An American industrialist who served as president and CEO of General Motors Corporation, significantly influencing the auto industry and corporate management practices.
Model T
An iconic affordable automobile produced by Ford Motor Company from 1908 to 1927, revolutionizing transportation and American industry.
General Motors
An American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets, and distributes vehicles and vehicle parts.
Electric Car
A vehicle that is propelled by one or more electric motors, using energy typically stored in rechargeable batteries.
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