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Basic Question 5 of 15
Routine rollovers of borrowings is a ______ borrowing strategy. A. active
B. passive
C. matching
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe issuers' objectives and compare methods for managing working capital and liquidity
CFA® 2025 Level I Curriculum, Volume 2, Module 4.