The unsecured source of borrowed fund which can be raised for period of six months to three years is ______.

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The unsecured source of borrowed fund which can be raised for period of six months to three years is public deposits. Explanation: • Public deposits are a short to medium-term (usually six months to three years) unsecured source of borrowed capital that businesses can raise from the general public. • These deposits are unsecured since they are not secured by collateral. • To attract investors, they provide interest rates that are higher than those of bank deposits.

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