Why was the reported rate on motor vehicle loans historically higher for a finance company than a

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Why was the reported rate on motor vehicle loans historically higher for a finance company than a commercial bank?

Why did this change in 1997? (LG 14-8)

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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