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The credit decision usually has to deal with high-risk customers with no repeat order. To adjust this risk potential, company should: speed up approvals to
The credit decision usually has to deal with high-risk customers with no repeat order. To adjust this risk potential, company should:
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speed up approvals to these clients.
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determine the break-even probability of default.
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discount the net cash flows at a higher interest rate.
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None of the answers are correct.
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delay collections on these customers.
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