CFA｜

问题如下：

Ewing Corp. is a large corporation that has an existing relationship with Sycamore Bank. Ewing is seeking short-term financing from a committed line of credit; however, Sycamore will offer only an uncommitted line of credit. Which of the following best supports Sycamore’s decision?

选项：

A.

Sycamore will receive an upfront commitment fee on the uncommitted line of credit.

B.

Sycamore will require less bank capital for the uncommitted line than for the committed line of credit.

C.

Sycamore can form a syndicate to reduce the amount of committed capital needed under an uncommitted line of credit.

解释：

Correct Answer: B

Committed lines require more bank capital than uncommitted lines, although commitments of less than a year (usually 364 days) minimize a bank’s capital requirement. A is incorrect because Sycamore will receive an upfront commitment fee on a committed line of credit. C is incorrect because Sycamore can form a syndicate to reduce the amount of committed capital needed under a committed line of credit.