Question
George just went to get a loan from the bank. He didn't understand why his loan interest rate was so much higher than last year.
George just went to get a loan from the bank. He didn't understand why his loan interest rate was so much higher than last year. Which of the following could be a possible reason?\ Real interest rates fell.\ Within the year, the default rate must have fallen.\ The new loan was longer in duration.\ George's financial situation improved.
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The Handbook Of Financial Modeling
Authors: Jack Avon
2nd Edition
1484265394, 978-1484265390
