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A mortgage loan with a higher Loan-to-Value ratio (LVR) carries higher credit risk. Define LVR, give a specific example of LVR, and explain this statement
A mortgage loan with a higher Loan-to-Value ratio (LVR) carries higher credit risk.
Define LVR, give a specific example of LVR, and explain this statement in about 200 words.
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
2nd Edition
0073530670, 9780073530673
