Question 4 1 p In a pool of borrowers, each of whom need a loan for $500. 85% are type A and the rest are type B. Assume that type A will repay in full 100% of the time, but type B only repays 55% of the time. In event of default assume borrowers post collateral worth $100. If the bank cannot observe type, what is the competitive pooling rate? 5.8% 06.2% 6.994