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The costs of executing the loan agreement, monitoring the loan, and collecting payments are called the _____ of the loan. a. before-tax rate of interest
The costs of executing the loan agreement, monitoring the loan, and collecting payments are called the _____ of the loan.
a. | before-tax rate of interest | |
b. | term costs | |
c. | administration costs | |
d. | collateral costs | |
e. | after-tax rate of interest |
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