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Consider the credit market in the previous question again, with type X and R, but now assume Street Bank cannot observe type prior to issuing

Consider the credit market in the previous question again, with type X and R, but now assume Street Bank cannot observe type prior to issuing the loan.Street Bank figures the population of borrowers is divided up such that 35% are type X and the rest are type R.In this case, the competitive pooling rate on the motorcycle loans is?

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