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Information needed to answer #2B (ii) and (iii) Risk class is 1 if weighted average risk score is> 1 but $1.5 Risk class is 2
Information needed to answer #2B (ii) and (iii) Risk class is 1 if weighted average risk score is> 1 but $1.5 Risk class is 2 if weighted average risk score is 2 1.51 but 2.25 If risk class is 1, the borrower will be charged 6% of interest rate. If risk class is 2, the borrower will be charged 7% of interest rate. If risk class is 3, the borrower will be charged 8% of interest rate. #2B. Please fill-in the following blanks: (3 points) (i) The characteristics of a borrower described in #2A are relatively weak). (strong or (ii) Based on your calculation in #2A, risk class is (1 or 2 or 3). (6% or 7% or 8%) (iii) Based on the borrower's risk class, the borrower will be charged of interest rate. Information needed to answer #2B (ii) and (iii) Risk class is 1 if weighted average risk score is> 1 but $1.5 Risk class is 2 if weighted average risk score is 2 1.51 but 2.25 If risk class is 1, the borrower will be charged 6% of interest rate. If risk class is 2, the borrower will be charged 7% of interest rate. If risk class is 3, the borrower will be charged 8% of interest rate. #2B. Please fill-in the following blanks: (3 points) (i) The characteristics of a borrower described in #2A are relatively weak). (strong or (ii) Based on your calculation in #2A, risk class is (1 or 2 or 3). (6% or 7% or 8%) (iii) Based on the borrower's risk class, the borrower will be charged of interest rate
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