Also, notice that in option 3 the default rate and administrative costs are below those in option

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Also, notice that in option 3 the default rate and administrative costs are below those in option 2.

Is this plausible? Why or why not?

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Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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