Assuming the chances of being paid back are the same, would a nominal interest rate of 10

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Assuming the chances of being paid back are the same, would a nominal interest rate of 10 percent always be more attractive to a lender than a nominal rate of 5 percent? Explain.

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 07:55 AM

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Assuming the chances of being paid back are the same, would a nominal interest rate of 10

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Lenders are concerned with the real return they receive If the hig...View the full answer

Money Banking and Financial Markets

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